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AusQuest Limited ( (AU:AQD) ) has provided an announcement.
AusQuest Limited has announced a significant expansion of its Cangallo Porphyry Copper-Gold discovery in Peru, with diamond drilling more than doubling the known depth of copper mineralisation to over 800 meters. This development indicates a large-scale porphyry system, with strong evidence of a mineralised porphyry center nearby. The ongoing drilling efforts, including a second diamond drill hole and upcoming Stage 3 RC drilling, aim to further delineate the extent of the system, potentially enhancing the company’s resource base and strengthening its position in the mining sector.
More about AusQuest Limited
AusQuest Limited is a company operating in the mining industry, focusing on the exploration and development of copper and gold resources. The company is engaged in identifying and expanding mineral deposits, primarily through drilling activities, with a significant focus on porphyry copper-gold systems.
Average Trading Volume: 2,358,504
Technical Sentiment Signal: Buy
Current Market Cap: A$53.49M
For an in-depth examination of AQD stock, go to TipRanks’ Overview page.