
March 23, 2022
For the period ending 30 September 2021
Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to provide an update on its exploration activities at the Ragless Range Zinc Target at the Arden Zinc-Copper Project (Arden, Auroch Minerals 90%) in South Australia.
Diamond drilling and down-hole radial IP surveys have been completed and modelled at the Ragless Range Zinc Target. Two diamond holes (RRDD010, RRDD011 – Table 1) were drilled to test the large unconstrained gravity anomaly (Figures 1, 2) associated with anomalous geochemistry from previous drilling and surface sampling. An additional drill-hole (RRDD009) was abandoned at 60m depth due to difficult drilling conditions. Both drill-holes completed intersected thick zones of the Wirrapowie Limestone unit, a known host unit for zinc mineralisation within the region. Initial logging and sampling have been completed and the assays are pending. Infill sampling of further zones of interest is underway.
HIGHLIGHTS
- Diamond drilling and down-hole radial Induced Polarisation (IP) surveys have been completed and modelled at the Ragless Range Zinc Target at the Arden Project in South Australia
- Two drill-holes completed into the target lithological units in the centre of a strong regional gravity anomaly, with assays pending
- Radial IP surveys identified shallow chargeability features south of drill-hole RRDD007, which intersected 12.8m @ 4.96% Zn from 53m including 3.65m @ 15.47% Zn from 62.15m1
- Further higher chargeability features identified directly west-southwest of RRDD011 that correlate with the Wirrapowie Limestone unit which is known to host zinc mineralisation
- Drilling being planned to test the IP anomalies and potential extensions to the high-grade zinc mineralisation in RRDD007, in addition to surface exploration for copper, lithium and rare earths on the greater Arden Project area
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This article includes content from Auroch Minerals, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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