ASX:AOU

Lithium Mineralisation Confirmed At Nepean

Auroch Minerals Limited (ASX:AOU) (Auroch or the Company)the Company) is pleased to announce it has confirmed lithium mineralisation in pegmatites at the Nepean Project in Western Australia (Auroch Minerals 80%).

Highlights

  • Assay results received from regional sampling of pegmatite veins confirm lithium mineralisation with up to 1.05% Li
  • Follow-up investigations have commenced including re-assaying of samples from nearby RC holes for LCT mineralisation
  • Diamond drill rig to commence regional exploration programme at Nepean having completed the second Nepean Deeps drill-hole NPDD013 to a final depth of 754.45m
  • Assay results from NPDD013 are pending
Field investigations of mapped pegmatites in the northern portion of the project tenure was undertaken in November to assess the lithium-caesium-tantalum (LCT) potential of pegmatite units. Outcropping and sub-cropping pegmatites located to the north and east of the historic Lepidolite Hill and Londonderry Pegmatite mines (located on third party tenure) were given priority for the initial field investigation. Samples were collected from five locations (Figure 1) and included rock chips sourced from float, sub-crop and outcrop.

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.

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...

Interactive Chart

Latest Press Releases

Related News