Auroch will soon have a firm idea of just what is present at its Nevada lithium project following the successful completion of maiden reverse circulation drilling.

The 15-hole program totalling 2,900m targeted lithium claystone lithologies at the San Antonne East and Western Flats, which are believed to be analogues to the host rock at American Lithium Corp’s TLC deposit and American Battery Technology Corps’ Tonopah Flats deposit.

Intercepted claystone lithologies were present in 10 out of 15 holes and units range in thickness from 4m to 173m, with numerous holes intercepting multiple claystone units.

Should the drilling return the results that Auroch Minerals (ASX:AOU) is hoping for, the rewards are potentially very rich.

A hint at the scale of mineralisation within the region can be seen in the size of the TLC deposit, which has high confidence Measured and Indicated resources of 4.2Mt and 4.63Mt of lithium carbonate equivalent respectively along with a further 1.86Mt LCE in the Inferred category.

“We are very pleased with the geological results of our maiden drilling programme at the NLP. The claystone intercepts are extremely encouraging and we are eager to understand their potential to host lithium mineralisation,” technical director Robin Cox said.

“Our in-country team have done an amazing job managing a safe and efficient drilling programme and the company could not be happier with the team we have established in Nevada.

“While we await the assay results, the NLP team will continue to work preparing the remaining prospects for drill readiness.”

Lithium prospectivity and plans

Nevada is known to be highly prospective for lithium, a point underscored by the Nevada lithium project’s proximity to the TLC and Tonopah Flats deposits.

It also hosts fellow Australian Ioneer’s (ASX:INR) Rhyolite Ridge project, which has secured a $700m US Government loan for its development thanks to its unique combination of lithium (1.25Mt LCE) and borate (11.9Mt).

Auroch plans to carry out further work on the Traction, Lone Mountain and Heller prospects at the project to firm them up for drill testing.

 

 

 

This article was developed in collaboration with Auroch Minerals, a Stockhead advertiser at the time of publishing.

 

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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