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Ausgold Limited ( (AU:AUC) ) has provided an announcement.
Ausgold Limited has announced promising assay results from its ongoing drilling campaign at the Katanning Gold Project in Western Australia, particularly from the Southern Zone’s Dingo and Lukin areas. The results indicate high-grade gold mineralization, which could significantly enhance the project’s resource potential and contribute more meaningfully to the overall project. The company is targeting near-term resource growth and aims to de-risk areas expected to be part of early mining operations, with further results anticipated from the Northern Zone and regional prospects.
More about Ausgold Limited
Ausgold Limited is a company operating in the mining industry, primarily focusing on gold exploration and development. The company is engaged in the Katanning Gold Project in Western Australia, which involves exploring and expanding gold resources across a significant tenement area.
YTD Price Performance: 15.13%
Average Trading Volume: 4,743
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €103.4M
See more insights into AUC stock on TipRanks’ Stock Analysis page.