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Cadence investee company Auroch completes second drill hole at Alcoutim in Portugal

Auroch Minerals is now on to its third hole at Alcoutim in Portugal

Alcoutim---mineralisation.jpg
Mineralisation at Alcoutim

Auroch Minerals, an Australian explorer in which investment company Cadence Minerals Plc (LON:KDNC, OTC:KDNCY) has a 7.7% stake, has announced an update on its ongoing drill program at the Alcoutim copper-zinc project in Portugal.

Alcoutim is situated in the well-known and well-mineralised Iberian pyrite belt in Portugal.

Auroch’s second hole at Alcoutim intersected a volcanic sedimentary complex which its chief executive Andrew Tunks is a “strong indication of the prospectivity of the ground.

Drilling of hole 3 has now commenced.

 

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