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AusQuest Limited ( (AU:AQD) ) has shared an update.
AusQuest Limited has announced the commencement of Stage 3 Reverse Circulation (RC) drilling at its Cangallo Porphyry Copper Gold discovery in Peru. The program aims to expand copper and gold mineralization to the south of current drill coverage, where geological data suggests the center of the porphyry system is located. The drilling is expected to take 4 to 6 weeks, with final assays available approximately 4 weeks after completion. This expansion could potentially double the resource size, significantly impacting the company’s operations and positioning within the mining industry.
More about AusQuest Limited
AusQuest Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products include copper and gold, with a significant market focus on expanding mineral discoveries and resource potential.
Average Trading Volume: 2,321,186
Technical Sentiment Signal: Buy
Current Market Cap: A$54.9M
For a thorough assessment of AQD stock, go to TipRanks’ Stock Analysis page.