Australian Gold & Copper Ltd. ( (AU:AGC) ) has issued an announcement.
Australian Gold and Copper Ltd has reported significant progress in its exploration activities, particularly at the Achilles Shear Zone, where a large-scale aircore drilling program is underway. The company has drilled 280 out of a planned 310 holes, revealing a strong geochemical anomalism that suggests a potential extension of the mineralized system. Notable gold and base metal intersections have been identified, and further drilling programs are planned to explore these promising results. Additionally, geophysical surveys have been completed, with results pending, as the company continues to develop its geological model for future exploration.
More about Australian Gold & Copper Ltd.
Australian Gold and Copper Ltd is a company operating in the mining industry, focusing primarily on the exploration and development of gold and copper deposits. The company is actively engaged in exploration programs to expand its mineral resources, with a market focus on enhancing its asset base and increasing shareholder value.
YTD Price Performance: -3.33%
Average Trading Volume: 244,013
Technical Sentiment Signal: Buy
Current Market Cap: A$37.21M
For a thorough assessment of AGC stock, go to TipRanks’ Stock Analysis page.