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Ausgold Limited ( (AU:AUC) ) has shared an announcement.
Ausgold Limited has announced the commencement of a substantial 44,000-meter drilling campaign at its Katanning Gold Project, set to begin in October 2025. This initiative aims to expand the current gold resource, de-risk the mine plan, and unlock new discoveries in the region, potentially enhancing the company’s market position and stakeholder value as it progresses towards a final investment decision in mid-2026.
The most recent analyst rating on (AU:AUC) stock is a Buy with a A$1.80 price target. To see the full list of analyst forecasts on Ausgold Limited stock, see the AU:AUC Stock Forecast page.
More about Ausgold Limited
Ausgold Limited is a company operating in the mining industry, focusing primarily on gold exploration and development. The company is centered on its 100%-owned Katanning Gold Project in Western Australia, which is a significant site for gold resource growth and exploration.
YTD Price Performance: 123.81%
Average Trading Volume: 987,825
Technical Sentiment Signal: Buy
Current Market Cap: A$398.5M
For a thorough assessment of AUC stock, go to TipRanks’ Stock Analysis page.