EXPLORATION & DEVELOPMENT

Auroch will fly if Nepean Deeps like Flying Fox

Deep drilling now underway

 Nepean, back in day, WA

Nepean, back in day, WA

Located west of Kambalda Nepean was a high grade nickel mine in the 1980s featuring mineralisation cross cut by pegmatites.

In 1987, with nickel at US$4000/t and mineralisation at the bottom of the mine "contrained" by a pegmatite vein, the operation was closed.

Production had totalled 32,000t.

Auroch is now drilling beneath that pegmatite, which is located at less than 500m depth.

Flying Fox is being mined at about 1200m depth.

Production from Flying Fox total more than 100,000t to date.

Auroch managing director Aiden Platel told the New World Metals conference that while the two diamond holes planned were primarily being drilled to provide platforms for geophysics, they would also be crossing the "footwall contact".

Auroch is capitalised at about $50 million and has cash and underwritten options of about $4 million.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Journal Intelligence World Risk Report 2024 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 117 jurisdictions globally, assessed across six risk categories and an industrywide survey.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.