An announcement from Augustus Minerals Limited ( (AU:AUG) ) is now available.
Augustus Minerals has announced promising results from its Music Well project near Leonora, Western Australia, with high-grade gold mineralization confirmed through recent rock chip assays. The findings have identified additional quartz veins and stockwork mineralization along a significant trend, enhancing the project’s potential. The company plans to continue geological mapping and sampling, with upcoming drilling programs aimed at expanding existing prospects, which could strengthen its position in the gold exploration sector.
More about Augustus Minerals Limited
Augustus Minerals Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in gold exploration, with a significant market focus on its projects in Western Australia.
YTD Price Performance: -26.00%
Average Trading Volume: 232,856
Technical Sentiment Signal: Hold
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