Austin Metals Limited ( (AU:AYT) ) has issued an announcement.
Austin Metals Limited has commenced a maiden RC drilling program at the Ashburton Gold Copper Project in Western Australia, aiming to explore extensive shallow gold-copper mineralization. This initiative follows the completion of drilling at the Austin Gold Project and targets high-priority areas identified from previous trenching and surface sampling. The Ashburton Project, comprising multiple exploration tenements, is highly prospective for copper and gold, with significant mineralization identified at the Donnelly’s Prospect. The results of this drilling program will inform future exploration strategies at both the Ashburton and Austin projects.
More about Austin Metals Limited
Austin Metals Limited (AYT) is a gold and precious metals explorer focused on the prolific mining districts of Western Australia. The company’s flagship project is the Austin Gold Project located in the Murchison greenstone province, adjacent to notable projects like Musgrave Minerals’ Cue Gold Project and Caprice Resources’ Island Gold Project. Austin Metals has also acquired the high-grade Copper Gold Project in the Ashburton region.
Technical Sentiment Signal: Buy
Current Market Cap: A$8.61M
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