🕐03.07.13 - 08:54 Uhr

AUROCH PRESS ANNOUNCEMENT: MANICA GOLD PROJECT, NEAR TERM ROUTE TO PRODCUTION



Auroch Minerals press announcement
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Near Term Route to Production
Highlights
* A new Scoping Study confirms the technical and commercial viability of +40,000 oz per annum mine to provide near term cash flow by developing its existing non-refractory and transitional resources. * A Definitive Feasibility Study (DFS) to commence immediately. Mozambique focused gold explorer Auroch Minerals NL (ASX:AOU) is pleased to advise that an independent study (the Study or Scoping Study) has been completed on its existing non-refractory and Fair Bride transitional resources. The Board has approved a "Near Term Route to Production".

The Company will immediately commission a DFS focused on its existing free-milling, non-refractory and transitional resources within the Fair Bride, Guy Fawkes and Dots Luck Project Sectors. "The development of Manica will give us a first mover advantage and allow us to accelerate our consolidation strategy in the area, giving the company momentum and critical mass.

This will provide a stable platform from which the company can create cash flow and operate at the lower end of the total cash cost curve.

These are exciting times for all stakeholders as we make the transition from exploration to development." highlighted Managing Director Dean Cunningham. To ready a full version of the announcement go to www.aurochminerals.com
Auroch Minerals NL Media enquiries Dean Cunningham - Managing Director Jeremy McManus T: +27 824906429 M :+61 (0)422 000 675 E: E:
Copyright C 2013 Auroch MInerals NL all rights reserved.
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louise brugman managing director Tel: +27 (0) 11 787 3015 Cell: +27 (0) 83 504 1186 skype louise.brugman Email: Web: www.vestor.co.za
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