AusQuest launches maiden drilling at Peru’s Playa Kali copper-gold project

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

AusQuest Limited has begun a maiden reverse circulation drilling campaign of more than 4,000 metres at its 100%-owned Playa Kali Copper-Gold Project in Peru, targeting iron-oxide copper-gold and manto-style mineralisation in a geological setting analogous to the nearby Mina Justa deposit. The program, expected to take about four weeks with assays due a month later, aims to test high-priority geophysical, structural and geochemical targets defined by copper-bearing manto outcrops along the coast.

Upon completion at Playa Kali, the RC rig will be mobilised to AusQuest’s Lantana Project to test a large-scale, high-grade porphyry copper target, underlining a busy exploration schedule across its Peruvian portfolio. The company has just finished an RC program at its Cangallo Project, where the known copper mineralisation footprint continues to expand, and plans to start over 6,000 metres of deep diamond drilling there in late May 2026 to evaluate hypogene sulphide targets and potentially grow its emerging resource base.

More about AusQuest Limited

AusQuest Limited is an Australian mineral exploration company focused on copper and gold projects, primarily targeting large-scale deposits in Peru’s coastal copper belt. The company is advancing multiple 100%-owned prospects using reverse circulation and diamond drilling to define resources in iron-oxide copper-gold and porphyry systems.

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