Auroch Minerals progressing through Tisova drilling programme in Czech Republic, says Cadence Minerals

Auroch Minerals, in which Cadence Minerals currently owns a 7.7% equity stake, is now half way through its Tisova drilling programme in the Czech Republic, according to Cadence Minerals, the early investment strategy & development company.

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On Thursday Cadence said that Auroch, an Australian based company focused on the commodities involved in the Global Renewable Energy markets, intersected the sulphide blanket as it predicted in its 3D model.

While the second hole,TIDD003, cut across multiple zones of sulphide mineralisation containing visible cobalt and copper minerals within a 130m thick zone with 1-5% disseminated sulphides.

Kiran Morzaria, chief executive officer of Cadence, commented: "These are encouraging early results from Auroch Minerals drilling programme at Tisová and start to demonstrate the highly prospective nature of this property."