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an area about 5km in length.” cants were searching for battery metals, of Sams Creek, Sandfire will hold a 19.99%
The current 10-month drilling pro- with copper, rare earths, potash and gold cornerstone shareholding in Auris, which
gramme is expected to finish in May, with also popular among WA’s explorers. also has a large, prospective landholding
the next round of results to be released in Round 22 follows the WA Government’s in Western Australia’s Bryah Basin.
January. $5 million EIS funding boost as part of its Auris has completed due diligence on
WA Recovery Plan. The additional support Sams Creek and is currently undertaking
Battery metals drilling will increase the EIS to $15 million in 2020- exploration work at the project, which in-
cludes diamond drilling, funded by Sand-
21, resulting in extra funds being available
popular in WA across Rounds 22 and 23. fire.
The co-funded drilling programme en-
Ninety-six applicants have submitted courages innovative exploration in green-
proposals for Round 22 of the West Aus- fields and under-explored areas of WA. Rain, rain go away…
tralian Government’s Exploration Incentive The next round of the programme will Cohiba Minerals Limited reported that
Scheme (EIS) Co-funded Exploration Drill- open February 1, 2021. HWDD01 – the western-most drill target
ing Programme, the third-highest number in the Horse Well project area – has been
in a round since the scheme started in completed to a depth of 1,182.9m.
2009. Plenty to crow about at The core is being analysed in Adelaide,
A total of $6.38 million in grants is being Auteco with drilling at HWDD04 to a targeted
offered to 57 companies and prospectors depth of 1,200m under way at the time of
selected by the WA Government. Auteco Minerals Ltd has highlighted the print.
The WA Government reported that potential to increase the 1 moz inferred Drilling at HWDD04 was originally ear-
more than a quarter of successful appli- gold resource at the Pickle Crow project marked to take place ahead of HWDD01
in Ontario, Canada. Results of up to 17 but local flooding made the tracks impass-
g/t gold have been intersected outside the able.
current resource and new mineralised en- The unprecedented rainfall events and
velopes have been identified. with subsequent flooding meant drill core
Despite a slight delay in drilling due to from HWDD02 and HWDD03 was strand-
the availability of crews, the company is ed at the respective drill sites for several
forging ahead with its 45,000m diamond weeks.
drilling programme, with 58 holes and The core is currently being prepared for
12,927m completed by mid-November. delivery to ALS Laboratories, the company
With $31 million cash, the company is has prioritised the drill core from HWDD03
well funded to expand the current explora- (closest to Oak Dam West) which showed
tion programme. strong alignment to an IOCG environment
and visual evidence of sulphides (chalco-
Auris all fired up pyrite and molybdenite).
The analysis of core from HWDD02 will
Sandfire Resources Ltd has exercised primarily test the 208m intersection of py-
all Auris Minerals Ltd listed options it was ritic shale, which returned anomalous cop-
issued with as part of the upfront consid- per, lead and zinc values at the upper con-
eration related to the latter’s 80% acquisi- tact, when tested via hand-held XRF in the
tion of the Sams Creek gold project in New field. Cohiba said laboratory testing will be
Zealand’s South Island. needed to confirm the XRF results.
Subject to completion of the acquisition

Bellevue managing director Steve Parsons has put WA EIS funding to good use

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aUSTRaLIa’S PaYDIRT DeCeMBeR 2020 - JaNUaRY 2021 Page 111