Auroch Minerals Confirms Arden Rare Earths Potential
THE DRILL SERGEANT: Auroch Minerals (ASX: AOU) has been investigating the REE potential at the company’s Arden project in South Australia.
Auroch Minerals currently has field exploration activities underway, with mapping, rock-chip sampling and the first phase of soil-sampling completed over priority areas it has identified as being highly prospective for REE mineralisation.
The first phase of soil sampling comprised 414 samples collected systematically over the Kanyaka and Hawker REE prospects, from which samples have been delivered to the ALS laboratory in Adelaide for an extended whole rock assay suite, with results expected in the first week of November.
Assays have been received for the nine rock-chip samples collected during the August field work producing encouraging results, including anomalous total rare earth oxide (TREO) results up to 362ppm, confirming the REE prospectivity at the Hawker and Kanyaka prospect areas.
“We are extremely pleased with how our REE exploration at Arden is advancing,” Auroch Minerals managing director Aidan Platel said in the company’s ASX announcement.
“In the space of only a few months we have been able to identify several areas that we believe have great potential to host significant REE mineralisation.
“The soil-sampling is part of the systematic approach to better define drill targets, and we look forward to receiving the results in early November.
“We continue to be buoyed by the exploration and metallurgical success of Taruga Minerals at their Morgan’s Creek REE prospect, which is only 25 kilometres to the east of our Hawker prospect in a similar geological setting.
“The planning for our maiden AC REE drill program is advanced, and we are on track to commence drilling before the end of the year.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE