AusQuest Limited ( (AU:AQD) ) has shared an announcement.
AusQuest Limited has announced a new phase of drilling at its Cangallo Project in Peru, aiming to extend the copper-gold mineralization discovered in its initial drilling program. The Stage 2 Reverse Circulation drilling, set to begin in April 2025, will explore the potential for a large-scale porphyry copper-gold system beneath shallow cover, with the possibility of higher copper grades and supergene enrichment, which could significantly impact the company’s operations and industry positioning.
More about AusQuest Limited
AusQuest Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the discovery of copper and gold deposits, with a significant market focus on porphyry copper-gold systems.
YTD Price Performance: 75.00%
Average Trading Volume: 21,895,190
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$46.79M
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