Auroch Minerals in trading halt ahead of release of exploration results

Auroch Minerals Ltd (ASX:AOU) has been placed in a trading halt pending the release of an announcement regarding exploration results. The securities will remain in halted until the earlier of the start of normal ASX trading on Wednesday, December 2, 2020, or when an announcement is released to the market. Auroch has a market cap of approximately $39.4 million and since closing at 6.7 cents on October 5 shares have traded up to 26.5 cents earlier this month, a new 3-year high. Leinster Nickel Project The company recently intersected more than 7-metres of nickeliferous massive sulphide mineralisation in the second diamond drill-hole at the Horn prospect within Leinster Nickel Project in Western Australia. This follows the thick massive to semi-massive nickel sulphide observed in the first hole of the current diamond drill program at the project. Diamond drill-hole HNDD002 was the second hole of a 1,500-metre diamond drill program underway at the Horn prospect and intersected 7.2 metres of nickel and copper-bearing massive sulphides from 143 metres.