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An update from Alice Queen Ltd. ( (AU:AQX) ) is now available.
Alice Queen has reported new trench geochemical sampling results from its Viani project in Fiji, identifying a high-grade epithermal gold zone at the Tabua’s Camp prospect about 400 metres east of previous drilling at the Central Prospect. The company says assays from ten additional trenches over a 40-metre strike returned standout intercepts, including up to 4 metres at 10.91 grams per tonne gold and 2 metres at 13.69 grams per tonne, supporting the presence of a high-grade shoot within a 5-kilometre structural corridor.
The trenching also outlined a separate, lower grade anomalous vein approximately 25 metres south of the main high-grade zone, adding to the project’s structural complexity and potential scale. Alice Queen plans further surface geochemical work and ground-based geophysics to refine drill targets, building on earlier diamond drilling that confirmed depth continuity of high-grade mineralisation to around 175 metres below surface and potentially enhancing the project’s exploration upside for investors.
The most recent analyst rating on (AU:AQX) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Alice Queen Ltd. stock, see the AU:AQX Stock Forecast page.
More about Alice Queen Ltd.
Alice Queen Limited is an ASX-listed mineral exploration company focused on high-grade gold discoveries. The company’s flagship asset is the 100%-owned Viani low-sulphidation epithermal gold project on Vanua Levu in Fiji, where it is targeting a multi-kilometre, high-grade vein system through trenching, drilling and geophysical programs.
Average Trading Volume: 5,036,719
Technical Sentiment Signal: Sell
Current Market Cap: A$19.25M
See more data about AQX stock on TipRanks’ Stock Analysis page.