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An announcement from Antilles Gold ( (AU:AAU) ) is now available.
Antilles Gold Limited has announced a new in-fill drilling program for its La Demajagua gold-silver-antimony mine in Cuba, set to begin in early 2026. This initiative aims to enhance resource classification and potentially increase antimony resources, with the results feeding into a Definitive Feasibility Study (DFS) expected by Q3 2027. The DFS will explore the production of a bulk gold-arsenopyrite concentrate and assess the potential for producing high-purity antimony ingots for international markets. The project is expected to benefit from increased metal prices and surplus cash from Antilles Gold’s Nueva Sabana mine, facilitating easier project financing and potentially improved returns.
More about Antilles Gold
Antilles Gold Limited is a company operating in the mining industry, focusing on the exploration and development of gold, silver, and antimony resources. It engages in joint ventures to advance its mining projects, with a significant market focus on the Cuban mining sector.
Average Trading Volume: 3,919,965
Technical Sentiment Signal: Sell
Current Market Cap: A$22.5M
For detailed information about AAU stock, go to TipRanks’ Stock Analysis page.