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AusQuest Limited ( (AU:AQD) ) has provided an update.
AusQuest Limited has announced promising results from its Stage 2 drilling program at the Cangallo Project in southern Peru, revealing significant copper mineralization. The initial four drill-holes have shown wide intercepts of copper, suggesting a potentially large porphyry copper-gold system. The company plans to continue its exploration efforts with further drilling and metallurgical testing, indicating a strong potential for increased copper grades and the discovery of additional porphyry systems. This development could significantly enhance AusQuest’s position in the mining industry, offering substantial opportunities for stakeholders.
More about AusQuest Limited
AusQuest Limited is a company operating in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the discovery and extraction of copper and gold, with a significant market focus on projects in southern Peru.
Average Trading Volume: 3,218,773
Technical Sentiment Signal: Buy
Current Market Cap: A$79.34M
For a thorough assessment of AQD stock, go to TipRanks’ Stock Analysis page.