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AusQuest Initiates Deep Drilling at Cangallo Copper-Gold Site

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AusQuest Initiates Deep Drilling at Cangallo Copper-Gold Site

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AusQuest Limited ( (AU:AQD) ) has shared an update.

AusQuest Limited has commenced a diamond drilling program at its Cangallo Copper-Gold Project in Peru, aiming to explore the depth extent of copper mineralization beyond current drilling limits. This initiative is expected to enhance the resource potential of the site, with initial assay results anticipated in 6-8 weeks. The company plans to follow up with Stage 3 Reverse Circulation drilling in November, which could significantly impact its resource estimates and shareholder value.

More about AusQuest Limited

AusQuest Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. Its primary products are copper and gold, with a significant market focus on the Cangallo Porphyry Copper-Gold Project in southern Peru.

Average Trading Volume: 2,803,359

Technical Sentiment Signal: Buy

Current Market Cap: A$52.91M

For detailed information about AQD stock, go to TipRanks’ Stock Analysis page.

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