LCT Pegmatites Confirmed At Kangaroo Hills

Auroch Minerals Limited (ASX: AOU) (Auroch or the Company) is pleased to announce assay results from pegmatite rock chip samples taken at the Kangaroo Hills Lithium Project (KHLP) in Western Australia (Auroch Minerals 80%, Lodestar Minerals Ltd 20%).

Highlights

• 2.37% Li2O peak assay from outcropping pegmatites returned from rock chip sampling
• High grade surface sample located over 600m south-east of previous mineralised drill hole intercept: (6m @ 1.38% Li2O from 198m, including 2m @ 3.26% Li2O from 198m (NPRC084)¹
• Numerous Caesium (Cs), Tantalum (Ta) and Tin (Sn) anomalies identified expanding the LCT potential of the project
• Samples submitted for X-Ray Diffraction mineralogy to identify weathered lithium minerals
• 3,000m Reverse Circulation (RC) drilling programme planned to test outcropping targets

Mapping and rock chip sampling was completed in December 2022 and identified numerous outcropping pegmatites.² The purpose of the programme was to gain sufficient geochemical data to identify pathfinder elements and to understand fractionation trends and prospectivity of the pegmatites present at surface. While it was anticipated that Lithium -Caesium -Tantalum (LCT) mineralisation could be present, it was expected to be low in grade due to the weathered nature of the outcrops, therefore it was exciting to discover high grade Li within outcrop.

In addition to the mineralised outcrops, assays returned anomalous Caesium, Tantalum and Tin, all of which are considered pathfinder minerals of LCT pegmatites. The distribution of these anomalies as shown in Figure 1, expand the prospectivity of the project area. The larger geochemical assay suite has been used to identify relative fractionation trends which will be tested in the next reverse circulation (RC) drilling programme which will commence this month. The first phase RC drilling programme will test three high priority drill targets, which the Company plans to undertake later this month.

Auroch Technical Director Robin Cox commented:

“The discovery of outcropping mineralised pegmatites at a different location to the earlier November 2022 discovery at the Kangaroo Hills Project is extremely exciting. Just as exciting are the elevated pathfinder elements for LCT pegmatite in the weathered outcrops across the project. The Company now has confirmed three high priority targets that present the potential for significant strike length mineralisation and will be tested in the first phase of drilling at Kangaroo Hills”.

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