Saints Nickel Project Drilling Update

Auroch Minerals Limited (ASX:AOU) (Auroch or the Company) is pleased to announce that two drill- holes from the current diamond drill programme at the Saints Nickel Project (Saints; Auroch Minerals 100%) in Western Australia have successfully intersected significant intercepts of massive nickel sulphides outside of the current modelled resource at the Saint Patricks deposit.

Highlights

• Two drill-holes (SNDD021 and SNDD022) have intersected significant intercepts of massive nickel sulphides outside of the current modelled resource at the Saint Patricks deposit
• Seven drill-holes (1,813m) have been completed, including two holes for composite samples for important metallurgical test work required for the Saints Scoping Study
• The major diamond drill programme comprises predominantly infill drilling aimed at upgrading and potentially extending the current Saints Nickel Project Mineral Resource of 1.02Mt @ 2.0% Ni for 21,400kt of contained nickel¹
• The drill programme is expected to be completed within three weeks, with logging and sampling of the drill core being fast-tracked, after which the drill rig will mobilise to the Leinster Nickel Project

SNDD021 and SNDD022 were drilled into the Saint Patricks channel into a gap between the modelled nickel sulphide mineralisation used in the current mineral resource estimation (Figure 2). Both holes successfully intersected massive nickel sulphides on the basal contact, with SNDD021 intersecting 3.01m of massive nickel sulphides from 177.08m (Photograph 1) and SNDD022 intersecting 0.84m from 177.73m.²

To-date, seven drill-holes for 1,813m of the major diamond drill programme at Saints have been completed, which is aimed at upgrading the current Saints Mineral Resource Estimate (MRE) of 1.02Mt @ 2.0% Ni for 21,400kt of contained nickel¹ from an Inferred Resource category to a predominantly Indicated Resource category (Table 1). The majority of the programme has been infill drilling, including two holes specifically designed for metallurgical testwork with a third hole currently being drilled. Four of the holes have been drilled at the Saint Andrews Prospect and three at the Saint Patricks Prospect (Figure 1).

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