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AOU - Auroch Minerals

springhill

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MC - $6m
SP - 29c
Shares - 22m
Options - Nil
Cash - $3.7m

Historical Soil Geochemistry and Rock Chip Sampling Defines Anomalies at Crawford Copper-Bismuth Project
● High grade rock chips up to 34.9% Cu identified in collated legacy rock chip results
● Compilation of historical geochemical data has uncovered a number of copper soil anomalies warranting further investigation
● Work program currently being devised to define the extents and controls on mineralisation

MMI soil geochemistry results received for the Peninsula Gold Project
On 30 January 2012, the Company announced the results from the completed MMI soil sampling at its Peninsula Gold Project. Results returned from the MMI support and extend the corridor of gold mineralisation outlined by earlier reported rock chip sampling.
Significantly anomalous soil results included:
- Gold results up to 304 times geochemical background with a maximum returned value of 853 ppb gold.
- Silver results up to 761 times geochemical background with a maximum returned value of 2,200 ppb silver.
- Copper results up to 21 times geochemical background with a maximum returned value of 20,300 ppb copper.

On 30 January 2012 the Company announced the appointment of Mr Eugene Lambert as Assistant Company Secretary. Mr Lambert is a certificated member of Chartered Secretaries Australia with significant experience in finance and corporate advisory industries. Mr Lambert is also actively involved in project origination and seed capital raising for start-up companies.
 

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On November 22, 2012, Terranova Minerals NL (TNV) changed its name to Auroch Minerals NL (AOU).
 

greggles

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Some bad news for Auroch Minerals holders this morning. Assay results for the first two holes (TIDD002 &TIDD003) at Tisová have not replicated the Cu Co results obtained from grab samples reported from historic waste dumps on site. Cobalt and copper results are both lower grade, and across narrower intervals than expected from the visual logging of the core.

With the onset of the northern winter, exploration activity has now been suspended in the Czech Republic and can only resume post snow melts in 2018.

AOU down 42.5% so far today to 11.5c.
 
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AOU - more than 3 years no posting:rolleyes:
So I am hopefully putting some water sprinklers on this drought :)
https://www2.asx.com.au/markets/company/aou
Within this month the share price has shot from 0.065 about to 13.5 cents.
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
Surface sampling only and high gambling to predict but the punters as always speculatively shot the price ;)
https://cdn-api.markitdigital.com/a...ccess_token=83ff96335c2d45a094df02a206a39ff4- announced 16 Oct.
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4 - just defined the drilled target on 13 Oct.
https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4 - substantial holder https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4 - https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02290321-6A999783? David Stuart John Bailey is a very promising investor and the question is why did put his money?
He appears to be a namesake of a dentist in Applecross in WA and look at this announcement from AUR (nothing spectacular performance)
For those like me, who did not know what is meant by DHEM :
Differential Hall Effect Metrology (DHEM) is an electrical characterization technique used for obtaining depth profiles of active dopants (carrier concentration), sheet resistance and carrier mobility through an electrically isolated semiconductor film. Typically, Si, SiGe, Ge samples are analyzed up to 100nm depth.
BTW - refer to the news story published in Western Australia back in 2019 - recycled news.
PS - DYOR. I have just bought a small parcel at about 10 cents.
 
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Some recent announcements asset acquisition - all look good to me excepting one question - Is AOU capable now handle additional exposure. Is there still a nickel run to sustain prices ?
  1. https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
  2. https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4 (Brilliant IMO)
  3. https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4 (Why AOU did not offer an SPP ?)
  4. https://cdn-api.markitdigital.com/a...access_token=83ff96335c2d45a094df02a206a39ff4
 

Dona Ferentes

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massive sulphides

Highlights
• Second diamond drill-hole at the Horn Prospect (HNDD002) has intersected over 7m of nickeliferous massive sulphides from 143m depth
• Logging and sampling of drill-core from the first hole HNDD001, including a 5m intersection of semi-massive to massive nickel sulphides, has been logged and sampled, and assays are pending
• Drill programme continues with a further 4 holes remaining for the Horn Prospect


up 20%
1605656601027.png
 

greggles

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Auroch Minerals share price has crept up 16.3% to 25c today. Volume is well about average. Results from the 5 additional drill-holes drilled at the Nepean Nickel Project earlier this month (see announcement 10 March) are due any day now.

Good news on the way, or just speculation?
 

Sean K

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Auroch Minerals share price has crept up 16.3% to 25c today. Volume is well about average. Results from the 5 additional drill-holes drilled at the Nepean Nickel Project earlier this month (see announcement 10 March) are due any day now.

Good news on the way, or just speculation?

Those drill results from 10 Mar didn't look all that inspiring. Intersections of 1-3m look pretty skinny. Maybe that's a good width for Ni?

There's quite a few things spiking up no news or crap news the past few weeks. Some strange action.

Screen Shot 2021-03-24 at 4.26.12 pm.png
 

Dona Ferentes

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The Nepean Nickel Project contains the historic high-grade Nepean nickel sulphide mine and was the second producing nickel mine in Australia, producing just over 1.1 million tonnes of ore between 1970 and 1987. The ore was treated by Western Mining Corporation (WMC, now BHP Group Ltd) at its Kambalda processing facilities. The Nepean mine closed in 1987 due to low nickel prices, leaving significant nickel sulphide resources unmined.

The Nepean nickel mine has a remnant highgrade JORC (2004) compliant resource: 13,250t contained nickel @ 2.20% Ni. (It should be noted that the resource is JORC(2004) only (i.e. historic estimate) and not compliant with the JORC (2012) code required now.)

There is high potential at Nepean to build on the existing remnant resources with drill targets along strike and at depth. AOU has identified several high-priority areas at Nepean, and a 3,500 metre RC drill programme has already yielded some extremely promising results...


Nepean is just 70km from BHP's Kambalda Nickel Concentrator and Smelter and again the presence of nearby processing facilities operated by third parties is a substantial benefit for AOU as BHP looks for more nickel supply.


and good results out today:

Thick high-grade nickel sulphide mineralisation has been intersected at shallow depths at the Nepean Nickel Project, with assay results for the next five holes of the shallow near-mine drilling including:
• 8m @ 4.30% Ni & 0.37% Cu from 35m, including 2m @ 6.86% Ni & 0.62% Cu from 37m (NPRC053)
• 8m @ 3.21% Ni & 0.13% Cu from 63m, including 2m @ 7.51% Ni & 0.39% Cu from 68m (NPRC052)
• 5m @ 3.00% Ni & 0.79% Cu from 59m, within a broader mineralised zone of 16m @ 1.42% Ni & 0.27% Cu from 49m (NPRC056)
• Further results from the remaining 17 holes of the Company’s maiden RC drill programme at Nepean are expected in the coming weeks, along with results from a regional air-core (AC) drill programme also completed along Nepean’s 10km of prospective strike .

all
this and less than 2 km from a historic Ni mine
 

Dona Ferentes

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NICKEL SULPHIDE MINERALISATION INTERSECTED ALONG STRIKE AT NEPEAN

Highlights
Nickel sulphide mineralisation hosted by a thick fertile ultramafic unit intersected along strike from the historic Nepean nickel mine
• Several thick zones of elevated nickel (>0.3%Ni) and logged disseminated nickel sulphides were intersected within the ultramafic rocks in close proximity to the footwall contact with the underlying basalt unit, which is typical of Kambalda-style nickel sulphide deposits
• Down Hole Electromagnetic (DHEM) surveys have identified several anomalous conductors coincident with the elevated nickel intersections, providing discrete high-priority drill targets
• Next phase of drilling to test these targets is scheduled to commence in early May
• High-powered ground Moving Loop Electromagnetic (MLEM) survey has commenced at Nepean over most prospective areas of the 10km of potential strike
 

Dona Ferentes

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And AOU holds much of the land adjacent to the TAR High-Grade Copper Discovery at the Wyacca prospect..

 

greggles

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Should be some news flow coming through for AOU in the coming weeks. An RC drill programme at the Ragless Range Zinc Prospect in SA is expected to commence in the very near future.


Also, a diamond drill programme testing high-priority EM targets at the Nepean Nickel Project has been underway since early May and the second phase of RC drilling to test geochemical and geophysical targets along the Nepean strike is due to commence at the end of this month.

So there should be plenty of news announced between now and the end of the financial year.
 
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Should be some news flow coming through for AOU in the coming weeks. An RC drill programme at the Ragless Range Zinc Prospect in SA is expected to commence in the very near future.

Chart is starting to get to the pointy end as well. (DNH)

1621298969331.png
 

greggles

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Chart is starting to get to the pointy end as well. (DNH)

View attachment 124437

Yes, AOU has been finding support at 20c but is basically waiting for a catalyst. Like most explorers, the direction will be determined by the upcoming announcements. If the news is good, up she'll go. Bad and it'll be down. Good luck to holders in the coming couple of months.
 

Dona Ferentes

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I guess it is hard to find a catalyst when the most recent results are not announced as Market Sensitive

Down to 19c

EXPLORATION UPDATE – NEPEAN NICKEL PROJECT
Three hole diamond drill programme completed for 730m at the Nepean Nickel Project, targeting MLEM conductor, geochemical anomaly, and shallow near-mine mineralisation, respectively, with assay results pending
• Drill-hole NPDD005 targeting 4,000-8,000S MLEM conductor intersected fertile ultramafic unit on sediment contact at a depth of 253m
• Metallurgical drill-hole NPDD007 intersected 3.40m wide “triangular ore zone” nickel sulphide mineralisation near to recent high-grade RC drilling results
• MLEM survey recommenced after delay due to equipment issues and is scheduled to be completed within the next two weeks
• Drill programme along the Horn trend at the Leinster Nickel Project continues with five diamond holes completed for 1,660m and seven RC holes completed for 1,300m – assay results pending
 
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