Auroch Minerals: More cobaltite identified in drillingTisová Co Au Cu Project – Czech Republic
(firmenpresse) - Auroch Minerals: More cobaltite identified in drillingTisová Co Au Cu Project - Czech Republic
Highlights
- Third hole (TIDD001) intersects multiple zones of semi-massive, disseminated and vein hosted sulphide mineralisation above target zone
- Sulphides include cobaltite (Co), chalcopyrite (Cu), sphalerite (Zn) and pyrrhotite (Fe)
- TIDD001 drilled to 79.1m after intersecting historic void and underground scrap preventing further drilling - hole to be redrilled
- Fourth hole (TIDD004) commenced, completion expected by end of November
- Samples from first two holes despatched to ALS in Romania
- Aurochs 3D model confirmed:
- Sulphide halos more than 100m true thickness
- Multiple lenses of massive semi massive sulphides within target halo
- Existing infrastructure of 30 Km + of underground development, including a 400m shaft down to 9 level (400m below surface) is present at Tisová
- Aurochs best results for Cobalt, Copper, Gold and Silver at Tisová:
- 0.69% Cobalt, 17.1% Copper, 3.7 ppm Gold and 178 ppm Silver
Auroch Minerals (Auroch or the Company) 8 November 2017, a renewable energy focused exploration company completing its maiden drilling program at Tisová. All holes to date have intersected multiple zones of massive to semi-massive sulphide mineralisation within a wider sulphide halo as predicted in the 3D geology model. Hole TIDD003 intersected visible cobalt and copper minerals within a 130m thick zone containing 1-5% disseminated sulphides.
CEO Dr Andrew Tunks said. The current hole TIDD001 intersected sulphide mineralisation between at 34m and 37m and a significant six metre zone (from 55.10m) of disseminated to semi-massive pyrrhotite, pyrite, with chalcopyrite +/- cobaltite was also logged. Hole TIDD001 was drilled into a void at 79m depth prior to reaching target zone which was anticipated between 100-150 down hole and our intention is to redrill from another location once permits granted, and accordingly we have moved the rig on to hole TIDD004.
Auroch Minerals Ltd.
1A/1Alvan St, Subiaco WA 6008
PO Box 510 Subiaco WA 6904
Phone: +61 8 9486 4036
Fax: + 61 8 9486 4799
Email: admin(at)aurochminerals.com.au
www.aurochminerals.com.au
Please find the whole press release under the following link:
http://www.asx.com.au/asxpdf/20171108/pdf/43p1rg1y1kx163.pdf
Leseranfragen:
Datum: 08.11.2017 - 08:33 Uhr
Sprache: Deutsch
News-ID 567131
Anzahl Zeichen: 2634
contact information:
Town:
Wien
Kategorie:
Business News
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