Announcement Date: 2022-12-19
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Auric Mining Ltd.
Project name: Chalice West
Location: Australia
Commodities: Rare Earth
Highlight: Drilling results incl. 17m at 1699.00ppm REO, from 4m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Auric Mining Limited (ASX: AWJ) (Auric or the Company) is pleased to provide further detail following the completion of drilling at the Company’s Chalice West Project near Higginsville-Widgiemooltha, Western Australia. The drilling program was completed on 22 November 2022 with 227 aircore drill holes drilled for 7,227m (Figure 1). Onsite pXRF testing for nickel and proxies for lithium and rare earth elements (REE) was used as an objective basis for selective (1 m) sampling and associated multielement laboratory analyses. REE analyses have been returned for 95 bottomof-hole (BOH) composite samples and 178 1-m interval regolith samples for 19 holes. Analyses are pending for a further 108 BOH samples and 193 1-m interval samples. Several distinctly anomalous intervals for REE have been returned in the results received to date and are described in this announcement.
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