24 August 2017

Market Announcements Platform ASX Limited

Exchange Centre 20 Bridge Street

Sydney NSW 2000

Highlights

Tisová - Co Cu Au - Czech Republic Sampling Results

  • Results from second round multi-element historic waste dumps confirm Cobalt presence at Tisová

  • Significant grades of Copper, Gold and Silver complement the Cobalt results demonstrating the polymetallic potential of Tisová

  • Best results for Cobalt, Copper, Gold and Silver

    o 0.69% Cobalt, 17.1% Copper, 3.7 ppm Gold and 178 ppm Silver

  • Drilling approvals secured for initial drill program

  • In country team mobilised and preparing for drilling campaign in mid- September

  • 3D model of ore body under construction

  • Auroch in a strong financial position: A$7.1 million in cash, receivables and loan to Bolt Resources (holder of the Alcoutim CU-ZN license).

Auroch Minerals ("Auroch" or "the Company"), a renewable energy focused exploration company, is pleased to report that the latest round of grab samples confirms significant grades of Cobalt, Copper, Gold and Silver. The samples were collected from historic waste dumps during the Company's recent site visit to the Tisová Mine in the Czech Republic.

CEO Dr Andrew Tunks said,

"The results from the waste dumps at the Tisová Minesite confirming the potential for a polymetallic orebody, with confirmation of economic grades of Cobalt, in addition to Copper, Gold and Silver we are looking forward to the commencement of the drilling program in September 201".

"Further our analysis of historic drilling at Tisová demonstrates the potential for a substantial tonnage orebody, with over 1km of strike and dip confirmed in the data and more importantly, open at depth and along strike."

Sample_ID

sulphides

% sulphides

Co (%)

Cu (%)

Au (ppm)

Ag (ppm)

TS001

Py>Po>Cpy

70

0.16

0.14

2.52

1.97

1.01

25.50

18.35

TS002

Py>Po>Cpy

70

1.95

TS003

Po vein

5

0.01

0.24

0.12

1.39

TS004

Py dissem

20

0.01

0.31

0.15

9.74

TS005

Py dissem

30

0.17

0.24

3.73

0.69

1.42

TS006

Py>>Cpy

30

0.03

0.15

4.79

TS007

Py + Cpy

10

0.00

3.56

0.21

26.40

TS008

Py

60

0.02

0.18

0.09

2.29

TS009

Cpy>>Py

10

0.02

3.60

0.52

0.86

1.76

2.14

1.40

29.20

TS010

Po>Py>Cpy

30

0.12

0.74

11.70

TS011

Po + Cpy

20

0.05

0.67

6.95

TS012

Py>>Cpy

70

0.29

0.69

2.25

22.60

15.65

TS013

Po>Py>Cpy

10

1.17

TS014

Py vein

5

0.01

0.02

0.02

0.48

TS015

Po>>Cpy

70

0.18

0.14

2.09

1.47

21.30

TS016

Cpy + Py vein

3

1.08

0.14

10.85

TS017

Cpy + Py vein

3

0.01

0.94

0.07

5.78

TS018

Py

10

0.30

0.82

2.22

11.65

TS020

Po + Cpy

75

0.06

0.29

0.35

10.10

TS021

Po Cpy breccia

50

0.09

1.33

1.05

0.97

3.06

13.35

TS022

Sheared Cpy

40

0.07

17.05

178.00

20.80

32.50

86.80

TS023

Cpy > Py

80

0.25

1.78

TS024

Cpy stringer Qtz

20

0.02

4.09

9.53

0.48

TS025

Cpy stringer Qtz

20

0.04

0.54

0.79

TS026

Po Trace Cov

80

0.13

0.82

14.85

TS027

Cpy stringer Qtz

20

0.04

3.56

0.29

32.50

TS028

Po>>Cpy>Py

80

0.05

0.14

0.35

4.57

TS029

Cpy + Po + Py

5

0.01

1.12

0.45

9.99

TS030

Sheared Cpy Py

10

0.01

1.08

0.31

11.20

TS031

Laminated Py trace Cp

30

0.01

0.14

0.09

1.82

TS032

Po +/- Cpy

60

0.04

7.19

3.90

0.63

51.50

30.60

19.75

TS033

Cpy + Po

30

0.02

0.43

TS034

Cpy + Po

50

0.14

1.18

1.35

TS035

Massive Py

40

0.04

0.18

0.13

2.02

TS036

Po + Py

60

0.07

0.19

2.54

1.85

TS037

Po + Py/Apy

20

0.05

2.00

0.46

17.45

TS038

Massive Po + Py Ore

60

0.13

0.66

1.33

7.28

Table 1. Results from Multi Element assaying at Tisová Dumps Highlighted grades are Co > 0.1% , Cu >2%, Au >0.5g/t and Ag > 15g/t

Abbreviated for minerals; Po = Pyrrhotite, Py = Pyrite, Cpy = Chalcopyrite, Cov = Covellite Samples 1-18 have previously been released

Work Plan

Auroch has received Government approval to commence its initial 12 holes for 5,500m of drilling at Tisová. Having now received results from the initial 40 grab samples, the Company is ready to proceed to drilling, on target, mid-September.

The Company will commence its drilling campaign with an initial four holes in the Diamond Drilling phase to examine the spatial distribution of the metals within the deposit

Figure 1 - Tisová Licence showing historical collars in Blue and new planned drilling in red. The strike and dip of the stratabound orebody is also shown.

About Auroch Minerals

Auroch Minerals (ASX: AOU) is primarily focusing on the exploration of metals crucial to the Renewable Energy Industry. The Company is specifically targeting Cobalt and Lithium, both used in the production of Li ion batteries and Polymetallic metals.

It is the Company's vision to add shareholder value through the identification, exploration and subsequent development of assets located in under-explored provinces that contain historic production and prospective geology. Auroch's current portfolio of projects contains three highly prospective exploration projects;

Tisová Cobalt Copper Gold Project located in the Czech Republic, where the Company currently holds a nine-month option agreement to acquire 100% of the project as announced July 2017. Tisová is located in the heart of the European industrial hub, has a long history of copper production with mine infrastructure in place and recent sampling carried out by Auroch has confirmed the presence of Cobalt. Auroch is currently carrying out its initial drilling program.

The Company is also earning 75% of the Alcoutim Copper Zinc Project in Eastern Portugal. Alcoutim is located on one of the world's most significant mining districts, the Iberian Pyrite Belt (IPB). Known as the Land Of Giants, the IPB is renowned for its poly-metallic (Copper and Zinc dominant) Volcanic Massive Sulphide (VMS) deposits. Home to three Super Giant deposits (Rio Tinto, Neves Corvo and Aljustrel) and 10 Giant deposits, the area hosts over 80 known deposits containing resources totalling over 1,700 Million Tonnes. Auroch's Alcoutim Project is located immediately along strike of the Super Giant Neves Corvo deposit.

The Company holds 100% of the Karibib Lithium Project, located in Namibia, which provides Auroch with immediate upside potential to the rapidly evolving lithium market. Karibib is situated next door to two of Namibia's high-grade historic lithium producing mines, Rubikon and Helikon.

For further information visit www.aurochminerals.com or contact:

Auroch Minerals Limited

Dr Andrew Tunks Glenn Whiddon

CEO Executive Chairman

T: +61 8 9486 4036 T: +61 8 9486 4036

Competent Persons Statement

The information in this report that relates to Exploration Results is based on information compiled by Dr. Andrew Tunks and represents an accurate representation of the available data. Dr. Tunks (Member Australian Institute Geoscientists) is the Company's Chief Executive Officer and has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. Dr Tunks consents to the inclusion in the report of the matters based on his information in the form and context in which it appears.

Auroch Minerals Ltd. published this content on 24 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 24 August 2017 00:47:06 UTC.

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