Ausgold Limited (AU:AUC) has released an update.
Ausgold Limited is initiating an extensive 19,000m drilling program at its fully owned Katanning Gold Project, aiming to bolster the mine’s initial 18-month schedule and expand the existing 3.04Moz gold resource. The program includes infill drilling in the central zone, extension drilling in key areas, and exploration across high-potential prospects in the company’s substantial 4,300km2 South-West Yilgarn tenure. This ambitious drilling strategy is part of Ausgold’s broader efforts to de-risk mining areas and grow regional resources in this underexplored, gold-rich region of Western Australia.
For further insights into AU:AUC stock, check out TipRanks’ Stock Analysis page.
