ASX:AOU

NEPEAN AND SAINTS SCOPING STUDIES UNDERWAY

Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce that it has commenced scoping studies at both its Nepean Nickel Project (Auroch Minerals 80%) (Nepean) and Saints Nickel Project (Saints), in Western Australia.


Highlights 
  • Scoping studies have commenced for the Saints and Nepean nickel projects in Western Australia and are being managed by experienced P1 Australasia Pty Ltd in conjunction with the Auroch team
  • The studies will assess the viability of an open-pit mining scenario at Nepean, as well as potential underground mining scenarios at both Nepean and Saints
  • The studies have been initiated as the Company looks to build upon the existing Saints off�take agreement with BHP Nickel West and move towards possible near-term nickel sulphide production and cash flow
  • Auroch currently has a high-grade JORC(2012) Resource of 1.05Mt @ 2 %Ni & 0.2% Cu for over 21kt of contained nickel at Saints1 , as well as historic high-grade nickel sulphide resources at Nepean
     
  • The high-impact diamond drill programme at the Nepean Deeps target continues on�schedule with first drill-hole NPDD008 currently at a depth of 400m

Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce that it has commenced scoping studies at both its Nepean Nickel Project (Auroch Minerals 80%) (Nepean) and Saints Nickel Project (Saints), in Western Australia

The studies will evaluate the economic viability of several mining scenarios at Nepean, including an initial open-pit mine of the known shallow high-grade nickel sulphide mineralisation which could generate significant cash flow in the short to medium term, as well as potential underground mining scenarios of the known high-grade nickel sulphide mineralisation.

A scoping study of potential underground mining scenarios at the high-grade Saints Nickel Project will be run in parallel to the studies at Nepean, taking advantage of synergies between the projects to reduce the overall costs of the studies. Saints currently hosts a high-grade JORC(2012) Resource of 1.05Mt @ 2 %Ni & 0.2% Cu for over 21kt of contained nickel1 .

Auroch has an existing offtake agreement in place for Saints with BHP Nickel West (ASX:BHP), whilst high-grade ore from the historic nickel mine at Nepean, when in production, was processed at the Kambalda Nickel Operations (KNO) that BHP is currently preparing to re-start early next year.

The Company has initiated the scoping studies to build upon the existing relationships with BHP and evaluate the viability of several mining scenarios that may lead to nickel sulphide production and cash flow in the medium term. Experienced P1 Australasia Pty Ltd wasselected to manage the studies in conjunction with the Auroch team.

Click here for the full ASX release.

AOU:AU
The Conversation (0)
FPX Nickel (TSXV:FPX)

FPX Nickel Completes Production Run of Battery-Grade Nickel Sulphate to Support Discussions with Prospective EV Battery Supply Chain Partners

FPX Nickel Corp. (TSXV: FPX) (OTCQB: FPOCF) ("FPX" or the "Company") is pleased to announce successful production of additional battery-grade nickel sulphate from its Baptiste Nickel Project ("Baptiste" or the "Project"). Building on the success of previous testing campaigns, a production run was completed to produce larger quantities of nickel sulphate crystals. The nickel sulphate samples, which meet the strict target specifications for battery applications, will be provided to selected prospective downstream partners including pCAM producers, battery companies, and automakers pursuing supply security, traceable sourcing, and low carbon intensity production.

"The production of high-purity nickel sulphate further positions us to engage in strategic discussions with prospective downstream partners across the global EV supply chain," commented Martin Turenne, FPX Nickel's President and Director. "This milestone further demonstrates the strategic flexibility of the Baptiste awaruite concentrate and the technical maturity of the awaruite refining process."

Keep reading...Show less
Nickel bars in front of a world map.

Top 9 Nickel-producing Countries

The top nickel producing countries list has been shaken in recent years by Indonesia's rapid rise to the top, beating the Philippines and New Caledonia.

Demand for nickel is mounting. Stainless steel accounts for the vast majority of nickel demand, but electric vehicle (EV) batteries represent a growing application for the base metal as the shift toward a greener future gains steam.

But while nickel's long-term outlook appears bright, it may face headwinds in the short term. Nickel prices have been trending down since breaking US$20,000 per metric ton in May 2024 as weak usage coincides with strong output from top producer Indonesia.

Keep reading...Show less
Ni-Co Energy

Ni-Co Energy Set to Mobilize Critical Minerals Exploration just 90 km from Montreal

Ni-Co Energy Inc. announces that its technical team will be mobilized to the Kremer property around mid-June 2025. The project is located approximately 90 km north of downtown Montreal and about 15 km from the nearest municipality, in a remote forested area with access via an existing road and close proximity to the hydroelectric grid.

Meet The Team:

Keep reading...Show less
FPX Nickel (TSXV:FPX)

FPX Nickel


Keep reading...Show less

Latest Press Releases

Related News

×