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An announcement from Advance United Holdings ( (TSE:AUEX) ) is now available.
Advanced Gold Exploration Inc. has begun the permitting process for a 3,000-metre diamond drilling program at its 100%-owned Doyle Property in Ontario’s Batchawana Greenstone Belt, targeting a spring 2026 start. The Doyle Property has become a key asset after 2024–2025 fieldwork uncovered visible gold at surface, high-grade grab samples up to 13.2 g/t Au, broad mineralized zones from channel sampling, and correlation with a historical intercept of 49.8 g/t Au at depth. The forthcoming program will test the depth and strike continuity of high-grade mineralization along newly interpreted NE-trending extensional structures that management believes were overlooked by earlier exploration focused on different orientations, positioning the project as a potentially significant “Hemlo-style” opportunity and marking the company’s most aggressive exploration effort on the property to date.
More about Advance United Holdings
Advanced Gold Exploration Inc. is a Canadian mineral exploration company focused on gold and copper properties within Canada. The company specializes in identifying and acquiring undervalued projects with significant historical work and aims to enhance their economic potential under current market conditions to generate both immediate and long-term value for partners and shareholders.
Average Trading Volume: 24,081
Technical Sentiment Signal: Buy
Current Market Cap: C$2.28M
See more insights into AUEX stock on TipRanks’ Stock Analysis page.