Auroch Minerals NL
Auroch Minerals (ASX : AOU) is an Australian based company with a targeted focus on the
commodities involved in the Global Renewable Energy markets. It is the Company’s
intention to build a portfolio of quality assets with the specific focus on primary inputs
crucial for the Renewable Energy industry, with a key focus on Cobalt and Lithium, both
used in the production of Li ion batteries and Copper.
The Company aims to build this portfolio through the identification, exploration and
subsequent development of assets located in under-explored (for Auroch’s target
commodities) provinces that contain historic production and prospective geology.
It is through this strategy Auroch has identified three key projects:
- Tisová Cobalt Copper Gold Project (option to acquire 100%) – located in the
Czech Republic. Tisová is located in the heart of the European industrial hub, has a
long history of copper production with mine infrastructure in place and recent
sampling carried out by Auroch has confirmed the presence of Cobalt. Auroch is
currently carrying out its initial drilling program.
- Alcoutim Copper Zinc Project (earning 75%) Land of Giants – in Eastern
Portugal. Alcoutim is located on one of the world’s most significant mining districts,
the Iberian Pyrite Belt, renowned for its Copper and Zinc dominant poly-metallic
Volcanic Massive Sulphide (VMS) deposits. Home to three Super Giant deposits (Rio
Tinto, Neves Corvo and Aljustrel) and 10 Giant deposits, the area hosts over 80
known deposits containing resources totalling over 1,700 Million Tonnes. Auroch’s
Alcoutim Project is located immediately along strike and demonstrates the same
geological package of the Super Giant Neves Corvo deposit.
- Karibib Lithium Project (100%) – located in Namibia, provides Auroch with
immediate upside potential to the rapidly evolving lithium market. Karibib is situated
next door to two of Namibia’s high-grade historic lithium producing mines, Rubikon