Home / World News / Auroch strikes more high-grade nickel

Auroch strikes more high-grade nickel

Diamond drilling continues to grow ASX-listed Auroch Minerals’ Saint Patricks deposit by intersecting more high-grade nickel outside the current modelled resource in Western Australia. Assays have returned a standout three-metre hit going a very respectable 5.23 per cent nickel, 0.69 per cent copper and 0.77 Platinum Group Elements, or “PGE” from 177m downhole.

Another strike yielded 0.84m grading 2.98 per cent nickel, 0.36 per cent copper and 0.67 PGE also from 177m.

The results build on the last round of assays where a 6.92m hit running 2.42 per cent nickel was reported. The company highlights earlier results included individual samples grading up to 8.8 per cent nickel.

Notably, the latest duo of significant intercepts are located outside the current modelled resource at Saint Patricks and Auroch now expects a welcome boost to its nickel tally.

The Saints nickel project boasts a current mineral resource of 1.02 million tonnes grading 2 per cent, containing 21,400 tonnes of nickel. The company anticipates completing an updated estimate in the next quarter.

Importantly, according to the company, the diamond holes confirmed mineralisation continues through what was an unconfirmed zone at Saint Patricks.

“The nickel sulphides intersected in the infill drilling…..bodes well for the planned upgrade to the Saints Resource, which will underpin the Scoping Study that is ongoing.” Auroch Minerals Managing Director, Aidan Platel

The company now eagerly awaits more assay results from a further five diamond drill holes and says it will focus on upcoming drilling campaigns at its Leinster and Nepean nickel projects.

Ten drill holes over 2,667m at the Saints project have now been completed. Notably, the majority of the program consisted of infill drilling as the campaign aimed to increase the confidence in the resource.

Three holes were specifically designed for metallurgical test work as part of the ongoing Saints scoping study. Of the 10 holes, seven were drilled at the Saint Andrews deposit and the remaining three at the Saint Patricks deposit.

With nickel being the talk of the town at the London Metals Exchange over the past week, Auroch will be hoping it can turn up plenty more of the in-demand metal as it looks to expand its resource.

Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au

About brandsauthority

Check Also

RAC Arena forced to serve wedges at Perth Wildcats game amid nationwide chip shortage

RAC Arena has announced it has fallen victim to the frozen chip shortage gripping the …

%d bloggers like this: