Augustus Minerals Limited (AU:AUG) has released an update.
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Augustus Minerals has reported promising developments at its Nero prospect, identifying high-grade copper and silver mineralization across a 1.1km strike length. The company has also commenced diamond drilling at the Minnie Springs site, targeting a large copper-molybdenum porphyry system, supported by a government grant. With a cash position of $3.78 million, Augustus Minerals continues to explore significant mineral targets.
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