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HomeFinTechAuroch Minerals: Confirms potential for copper and rare earths at Arden, SA

Auroch Minerals: Confirms potential for copper and rare earths at Arden, SA

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Auroch Minerals Confirms potential for copper and rare earths at Arden, SA

  • Auroch Minerals (AOU) confirms the potential for copper and rare earths at the Arden project in South Australia
  • AOU has been undergoing field exploration to investigate the project’s rare earth element (REE) potential, completing mapping, rock chip and soil sampling over priority areas
  • Assays received for nine rock-chip samples returned anomalous total rare earth oxide results of up to 362 parts per million, confirming the REE prospectivity at the Hawker and Kanyaka prospects
  • The assays also identified a third area that is considered prospective for REE mineralisation, dubbed Mt Arden, which returned results of up to 588 parts per million total rare earth oxides and eight per cent copper
  • AurochMinerals is up 1.69 per cent to end the day trading at six cents

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