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The latest update is out from Augustus Minerals Limited ( (AU:AUG) ).
Augustus Minerals has completed a 1,173-sample auger soil geochemistry program at its Music Well Gold Project, targeting extensions of known gold mineralization and new areas like the Golden Dingo trend. The results, expected in 3-4 weeks, will inform upcoming drilling activities. The company has finalized drill plans and is awaiting a Heritage Survey Report, with no impediments identified, allowing drilling to commence soon. This development could enhance Augustus Minerals’ exploration capabilities and potentially increase its gold resource base.
More about Augustus Minerals Limited
Augustus Minerals Limited operates in the mining industry, focusing on gold exploration. The company is involved in projects aimed at identifying and expanding gold mineralization, particularly in areas with significant soil cover that obscures potential mineral sources.
Average Trading Volume: 406,925
Technical Sentiment Signal: Hold
For an in-depth examination of AUG stock, go to TipRanks’ Overview page.