Auroch completes assay picture in the Czech Republic

Published at Jan 8, 2018, in Small Caps

Auroch Minerals (ASX:AOU), a junior metals explorer based in Australia, has updated the market of its ongoing exploration activity at its Tisova Project in the Czech Republic. Following on from last year’s exploration progress, Auroch intends to explore the Tisova project under a previously agreed option agreement which expires in March 2018.

Today’s assay results complete Auroch’s planned programme which included four drill holes for 1,340 metres to test the spatial distribution of cobalt, copper, silver and gold at Tisová.

In a market update, Auroch says its assay results from the final two holes at Tisová (TIDD001 & TIDD004) have been received with encouraging gold results of up to 2.73 g/t gold. In terms of cobalt and copper, Auroch says these results are “lower grade, and across narrower intervals than expected from the visual logging of the core”.

At the same time, Auroch remains a speculative stock and investors should seek professional financial advice if considering this stock for their portfolio.

A summary of Auroch’s 4th drill-hole (TIDD004) is shown below:

tisova 4th hole results

Should Auroch elect to proceed with its planned acquisition of Tisová, it must pay a further cash payment of A$75,000 and is required to issue 4,375,000 fully paid ordinary shares.

auroch tisova map

Figure 1Source: Auroch

According to Auroch’s results, the mineralisation “appears substantially different from grab samples collected from the Tisová mulloch dumps”, which points to a strong metal zonation within the Tisová orebody, according to Auroch.

Auroch now plans to review its stack of 3D modelling data and is expected to advance its understanding of the underlying geology to be able to identify further sulphide bodies. The ultimate goal is to discover significant cobalt mineralisation, thereby expanding the scope and diversifying the risk of advancing the Tisová Project.

Auroch Chairman Mr Glenn Whiddon said, “While the results are not as hoped for, analysis of the drill core versus the previous grab samples suggest a different origin for the two sets of samples within the large Tisová deposit. We believe this to be a logical explanation for the drilling results based upon the historical mining, dating back to 1600’s. This implies that there remains a cobalt rich portion of the orebody that was not tested by our initial four drill holes and further investigation is warranted.”

View Our Investment Portfolios

S3 Consortium Pty Ltd (CAR No.433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information only. Any advice is general advice only. Neither your personal objectives, financial situation nor needs have been taken into consideration. Accordingly you should consider how appropriate the advice (if any) is to those objectives, financial situation and needs, before acting on the advice.

Conflict of Interest Notice

S3 Consortium Pty Ltd does and seeks to do business with companies featured in its articles. As a result, investors should be aware that the Firm may have a conflict of interest that could affect the objectivity of this article. Investors should consider this article as only a single factor in making any investment decision. The publishers of this article also wish to disclose that they may hold this stock in their portfolios and that any decision to purchase this stock should be done so after the purchaser has made their own inquires as to the validity of any information in this article.

Publishers Notice

The information contained in this article is current at the finalised date. The information contained in this article is based on sources reasonably considered to be reliable by S3 Consortium Pty Ltd, and available in the public domain. No “insider information” is ever sourced, disclosed or used by S3 Consortium.

Australian ASX Small Cap stocks | Why is Australia’s leading small cap publication

Founded seven years ago, is Australia’s leading and longest standing website for investor and finance news, education and expert opinion.

Published by StocksDigital, Finfeed was created to report daily on the comings and goings of ASX listed stocks in the small cap market.

As the first digital publication dedicated specifically to this space, Finfeed soon became the most trusted publication in the market, quickly garnering over two million page views – a number that continues to rise. provides its readers with informative articles that tackle the latest in market moving #ASX small cap news, plus exclusive content you won’t find anywhere else. It is aimed at those with an interest in investing, market education, company performance, start-ups and much more. is the only media organisation operating under the strength of a Financial Services License and is backed by leading journalists and analysts all with brands of their own.

The website aims to inform, educate and entertain with content that drills down into the heart of financial matters.

Finfeed is a leading source of investor and market information, with everything investors need to know about how to invest written in a way that anyone can understand. 

Over the years, the website has expanded beyond exclusively reporting on small caps, to profile Australia’s leading ASX listed small, mid and large caps as well as some of the country’s most successful CEOs and business leaders to find out what makes them tick.

Every day you will find fresh content covering:

Fast Facts

Over 4,000 articles published

Over 2.3 Million Page Views and counting

Over 10,000 followers on social media

Subscriber list growing by 2% monthly

Thanks for subscribing!