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AusQuest Launches Major Drilling Program at Balladonia Project

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AusQuest Launches Major Drilling Program at Balladonia Project

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

AusQuest Limited has commenced a major Reverse Circulation (RC) drilling program at its Balladonia Project in Western Australia, targeting high-priority magnetic, gravity, and electromagnetic targets for copper, lead, zinc, and silver. This initiative, funded under a Strategic Alliance Agreement with South32 Limited, aims to explore Broken Hill Type mineralization and is expected to provide initial assay results by late May to early June 2025, potentially impacting the company’s resource development and market positioning.

More about AusQuest Limited

AusQuest Limited operates in the mining industry, focusing on the exploration and development of base metals such as copper, lead, zinc, and silver. The company is engaged in projects primarily located in Western Australia, with a strategic market focus on identifying and developing mineral resources.

YTD Price Performance: 112.50%

Average Trading Volume: 16,175,542

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$68.72M

Find detailed analytics on AQD stock on TipRanks’ Stock Analysis page.

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