ASX:AOU

Pegmatites At Nepean To Be Assessed For Lithium Potential

Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce that it has commenced sampling as part of the assessment of the lithium-caesium-tantalum (LCT) mineralisation potential at the Nepean Project in Western Australia (Auroch Minerals 80%).


Highlights
  • Abundant pegmatites identified at the Nepean Project to be sampled for lithium-caesiumtantalum (LCT) mineralisation
  • Recent drill-hole NPDD008 testing the Nepean Deeps nickel exploration target intersected a total of 700m of pegmatite intrusions, including one 350m thick pegmatite in the hanging-wall below the historic nickel mine workings1
  • Multiple commodities including lithium and tantalum were historically mined from pegmatite intrusions at the Londonderry deposits only 6km north of the historic Nepean nickel mine
  • Down-hole geophysical surveys are currently being completed on drill-hole NPDD008 to identify potential nickel sulphide targets for the ongoing Nepean Deeps drill programme

Pegmatite intrusions have been identified throughout the project area, including at the historic Nepean nickel mine itself, where multiple pegmatites intruded the mine sequence but were not historically assessed for any economic potential.

The abundance of pegmatites was also identified in the recently-completed first diamond drill-hole into the Nepean Deeps target, which was designed to test for down-plunge extensions to the highgrade nickel sulphide mineralisation below the historic Nepean mine. The drill-hole successfully intersected 46m of komatiitic ultramafics over three lower intervals which are highly prospective for nickel sulphide mineralisation (Figure 1)1 . In addition the hole intersected approximately 700m of pegmatite intrusions, including one 350m thick pegmatite in the hanging-wall below the historic nickel mine workings (Figure 1, Photograph 1)1 .

Figure 1 – Cross section of diamond hole NPDD008 drilled below the historic Nepean mine workings showing lithologies intersected against a 2D seismic survey section. The thick pegmatite intrusion shown corresponds with an area of weaker reflectors

The Company has initiated sampling of the pegmatites from the diamond core to be submitted for assaying for LCT mineralisation.


Click here for the full ASX release

AOU:AU
The Conversation (0)
Auroch Minerals

Auroch Minerals

Exploring High-Grade Nickel Sulfides in Western Australia

Exploring High-Grade Nickel Sulfides in Western Australia Keep Reading...
Highlighted periodic table element: Nickel (Ni), atomic number 28, transition metal.

Nickel Market Recalibrates After Explosive Trading Week

Nickel prices stabilized on Thursday (January 8) after a turbulent week that saw the market swing sharply higher before retreating as traders reassessed the balance between existing supply risks and a growing overhang of inventory.Three-month nickel on the London Metal Exchange (LME) hovered... Keep Reading...
Nusa Nickel

Nusa Nickel Corp. Provides 2025 Year-End Corporate Update and 2026 Outlook

Nusa Nickel Corp. is pleased to provide a year-end update highlighting key achievements in 2025 and outlining strategic priorities for 2026 as the Company continues to build a vertically integrated nickel business in Indonesia.2025 Year-End Highlights-Successfully advanced into production during... Keep Reading...
Large rolls of sheet metal in a factory warehouse with bright lighting.

Nickel Price Forecast: Top Trends for Nickel in 2026

Nickel prices were stagnant in 2025, trading around US$15,000 per metric ton (MT) for much of the year.Weighing heavily on the metal was persistent oversupply from Indonesian operations. Meanwhile, sentiment remained weak amid soft demand growth from the construction and manufacturing sectors,... Keep Reading...
Nickel tubes.

Nickel Price 2025 Year-End Review

After peaking above US$20,000 per metric ton (MT) in May 2024, nickel prices have trended steadily down. Behind the numbers is persistent oversupply driven by high output from Indonesia, the world’s largest nickel producer. At the same time, demand from China's manufacturing and construction... Keep Reading...
Closeup of large steel coils stored in a warehouse.

Nickel Price Update: Q3 2025 in Review

Nickel prices were volatile in the first half of 2025, but evened out in Q3 amid ongoing oversupply concerns.The market has also faced considerable uncertainty as the US adjusts its trade and spending policies, with headwinds coming from the end of the country's electric vehicle (EV) tax credit... Keep Reading...
FPX Nickel (TSXV:FPX)

FPX Nickel Announces Funding Contribution from Natural Resources Canada to Advance the Baptiste Nickel Project

FPX Nickel Corp. (TSXV: FPX), (OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce that it has been awarded a total of $3.5 million from Natural Resources Canada's Critical Minerals Infrastructure Fund ("CMIF"). The confirmed funding is a non-repayable contribution to support the... Keep Reading...

Interactive Chart

Latest Press Releases

Related News