Auroch (ASX:AOU) cements new drilling contract Materials ASX:AOU...

Auroch (ASX:AOU) cements new drilling contract

Materials

ASX:AOU MCAP $65.33M

Julia Seymour [email protected] 03 March 2021 10:30


Managing Director, Aidan Platel
Source: The West Australian

• Auroch Minerals (AOU) has signed a drilling contract with Seismic Drilling Services to lock in a drill rig for the next 12 months
• The contract will cover drilling programs across the Nepean, Leinster and Saints Nickel Projects at the Norseman-Wiluna Greenstone Belt in WA
• Seismic will dedicate a multipurpose drill rig to the programs, allowing both reverse circulation and diamond drilling using the same rig
• Auroch Managing Director Aidan Platel says locking in this contract in WA is a great achievement due to the current difficultly to source contractors

Auroch Minerals (AOU) has signed a drilling contract to lock in a drill rig for the next 12 months.
Auroch has contracted Seismic Drilling Services for drilling programs over the next year across its three high-grade nickel sulphide assets.

These assets include the Nepean, Leinster and Saints Nickel Projects, all located in the nickel-endowed Norseman–Wiluna Greenstone Belt in WA.

Seismic will dedicate a LMP 2000 multipurpose drill rig to Auroch’s nickel sulphide portfolio. This will allow the company to drill both reverse circulation and diamond drill-holes using the same rig across 20,000 metres of drilling.

Currently this drill rig is on site at the Nepean Nickel Project, completing a 3500-metre reverse circulation program.

“It is currently very difficult to source and contract drill rigs in Western Australia, so being able to lock a rig in for the next year is a great achievement,” said Auroch Managing Director Aidan Platel.

“The flexibility that comes with a multi-rig being able to drill both reverse circulation and diamond holes will be invaluable when tackling the wide range of drill-holes we have planned for this year across all three nickel sulphide assets. Importantly, the rig will undertake both resource drilling as well as exploring high-potential targets for possible new high-grade nickel sulphide discoveries.”