Cadence Minerals Plc (LON:KDNC) has highlighted that Auroch Minerals (ASX:AOU) is set to start a maiden drilling programme at the Arden base-metals Project in South Australia.
The AIM-quoted company has a 7% stake in Auroch has secured environmental approval for the programme.
It intends to drill up to 2,500 metres of reverse circulation drilling and diamond drilling to est highly-prospective zinc, lead, copper and cobalt targets.
READ: Cadence Minerals says Auroch to kick off “aggressive” drill programme
A drill rig is presently being mobilised to the site.
"We are delighted by the pace of developments at the Arden project,” said Kiran Morzaria, Cadence Minerals chief executive.
“We congratulate Aidan Platel and his team for securing approval of the EPEPR, which was the final hurdle for Auroch before the commencement of the maiden drilling programme."
"We look forward to the first set of drilling results in the next few weeks."