Stock Exchange Listing: ASX:AOU
Commodity: Lithium | Copper
Country of Operations: Namibia
Stage of Production: Explorer
Market Cap: $17m
Auroch Minerals (ASX:AOU) is a well funded (A$ 8.0M in cash & receivables) explorer with exciting exploration programs underway for Lithium in Namibia and for Copper and Zinc in Portugal. Auroch’s focus is on metals crucial to the burgeoning renewable energy industry – Lithium for power storage and copper for electrical infrastructure. With an active exploration program underway and experienced management with a track record of project success Auroch will be delivering exploration and drill results throughout 2017.
Plans & Latest Developments:
Company strategy is a focus on the primary input metals into the burgeoning Renewable Energy story Lithium in Namibia The Karibib Project surrounds Namibia’s historical lithium producing mines and is actively exploring for LCT pegmatites.5 EPL applications and one JV complete – searching to grow the portfolio and commence drilling on priority targets in Q2 2017Copper in PortugalNew JV (AOU earning 75%) along strike and down plunge from Giant Neves Corvo Cu-Zn mine Drilling to commence in May 2017 on exciting geophysical targets.
Board of Directors / Management / Major Shareholders:
• Glenn Whiddon – Exec Chairman
• Ryan Gaffney – Non Exec Director
• David Lenigas – Non Exec Director
• Matt Foy – Co Sec – Non exec Director
• Dr Andrew Tunks – CEO
What are we looking to achieveat Mines and Money
Company is well funded with $AUD8M as of December Quarter
Looking to increase our exposure to new investors on a Global Stage.
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