Auroch Minerals Identifies New Nepean Drill Targets
THE DRILL SERGEANT: Auroch Minerals (ASX: AOU) has completed a ground IP survey over the Nepean North prospect of the company’s Nepean project in Western Australia (Auroch Minerals 80%).
Auroch Minerals completed a ground Dipole-Dipole Induced Polarisation (DDIP) survey that identified strong chargeability anomalies (>37mV) located below the weathering profile on 16 of the 19 survey lines completed.
Inversion models of the surveyed lines show the strong chargeability features are associated with both intrusive and extrusive mafics (orogenic gold targets) and on the contacts of the prospective ultramafic units (nickel sulphide targets).
The company has interpreted the IP chargeability anomalies to represent priority targets for follow-up drill-testing.
A 3,000 metres RC drill program has been planned and a work permit (PoW) applied for, with a dedicated RC drill rig currently being sourced.
“The ground IP survey has been very successful in defining anomalies in an area of Nepean that is very underexplored,” Auroch Minerals managing director Aidan Platel said in the company’s ASX announcement.
“The consistency and strength of the anomalies, combined with their location relative to the geology, provides compelling targets that we are eager to test with follow-up drilling.
“Pending the assay results of the pegmatite intersections in our RC drill-holes to the north of the historic Nepean mine, the planned drill program testing the gold and nickel targets may be refined to include further drill-holes to test for LCT mineralisation in this very prospective northern area of the Nepean tenure.
“In parallel to our exploration programmes the metallurgical test work on the known shallow high-grade nickel sulphide mineralisation near the historic Nepean mine has progressed successfully, and the final results that are due next month will be a key factor in driving the project towards potential future development.”
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Email: admin@aurochminerals.com
