Auris Minerals (ASX:AUR) has released its Quarterly Activities Report for the period ending 30 September 2024. The exploration company, focused on base metals and gold in the Bryah Basin, identified significant mineralization at the McLean Well prospect. A key highlight from air core drilling included a 35-meter section containing 8.9% manganese.
Auris Minerals has successfully identified significant manganese mineralization at the McLean Well prospect, with mineralization extending over 1.6 km and remaining open for further exploration. The company plans to continue drilling to expand and define the mineralized areas. Auris manages a portfolio of tenements in Forrest, Doolgunna, and Morck Well, with a focus on extracting value through strategic exploration and potential new project opportunities. Despite a stable financial position with $1.5 million cash balance, the company had no mining production this quarter. Auris is leveraging partnerships with Westgold Resources Ltd and CuFe Ltd in its ongoing exploration efforts.
Significant results from McLean Well, including 35m at 8.9% Mn, indicate promising mineralization trends that remain open to the northeast. We are committed to extending and defining these promising trends.