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Adyton drills higher-grade gold-copper zone at Feni Island, extending Kabang mineralisation

Story Highlights
  • Adyton reported strong gold-copper assay results from FDD017 at its Feni Island project, including 53 metres at 1.60 grams per tonne gold equivalent within a broader 164-metre mineralised interval.
  • The FDD017 results, with notable silver and molybdenum credits, confirm an expanding, fertile epithermal-porphyry system at Kabang’s north-eastern extension, supporting potential resource growth and stronger project economics.
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Adyton drills higher-grade gold-copper zone at Feni Island, extending Kabang mineralisation

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The latest announcement is out from Adyton Resources Corporation ( (TSE:ADY) ).

Adyton Resources has reported final assay results from expansionary drill hole FDD017 at its Feni Island Gold-Copper Project in Papua New Guinea, showing a key intercept of 53 metres at 1.60 grams per tonne gold equivalent within a broader 164-metre interval at 0.82 grams per tonne gold equivalent. The inclusion of copper, along with strong silver and molybdenum values, confirms robust gold-copper mineralisation in the north-eastern extension of the Kabang deposit, suggesting a larger, fertile epithermal-porphyry system, expanding the mineralised zone beyond the current resource model and underpinning the project’s growth potential as further drill results are awaited.

The new intercept from FDD017, including a higher-grade 5 metres at 5.63 grams per tonne gold equivalent, reinforces the continuity and scale of mineralisation in a zone that remains open, which could enhance the economic case for future development. With ground-based geophysical surveys progressing and additional assays pending from nearby holes, the results strengthen Adyton’s exploration thesis on Feni Island and may positively influence the company’s positioning within the regional gold-copper sector as it refines its understanding of the deposit geometry and potential resource expansion.

More about Adyton Resources Corporation

Adyton Resources Corporation is a mineral exploration company focused on gold and copper projects in Papua New Guinea. Its flagship asset is the 100% owned Feni Island Gold-Copper Project, located on the prolific Lihir Trend, where the company is targeting large-scale alkalic epithermal-porphyry systems to expand its resource base.

Average Trading Volume: 982,349

Technical Sentiment Signal: Buy

Current Market Cap: C$104.2M

For a thorough assessment of ADY stock, go to TipRanks’ Stock Analysis page.

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