AusQuest Limited ( (AU:AQD) ) has provided an announcement.
AusQuest Limited has announced the commencement of a major drilling program at its Balladonia Base Metals Project in Western Australia. The program, which involves approximately 7,000 meters of reverse circulation drilling, aims to test multiple targets for copper, lead, and zinc, as well as potential massive sulphides. Funded under a Strategic Alliance Agreement, this initiative is expected to take six weeks, with initial assay results anticipated eight weeks post-commencement. This exploration could potentially lead to significant new developments for the company, enhancing its position in the industry and offering promising prospects for stakeholders.
More about AusQuest Limited
AusQuest Limited is a company operating in the mining industry, focusing on the exploration of base metals such as copper, lead, and zinc. The company is particularly involved in projects that explore for Broken Hill Type (BHT) mineralization and other mineralization styles like iron-oxide copper-gold (IOCG) deposits, primarily in the Fraser Range region of Western Australia.
YTD Price Performance: 165.00%
Average Trading Volume: 17,983,412
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$70.06M
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