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An announcement from AusQuest Limited ( (AU:AQD) ) is now available.
AusQuest Limited announced significant progress in its exploration activities during the March 2025 quarter, highlighted by a new copper-gold discovery at the Cangallo Project in Peru. The maiden drilling results confirmed a large-scale porphyry system, prompting plans for further exploration and drilling in the region. Additionally, the company is advancing its Australian projects with major drilling programs underway, supported by a successful $7.5 million capital raise to accelerate these efforts. These developments position AusQuest to enhance its resource base and potentially increase its market value, benefiting stakeholders through strategic exploration and partnerships.
More about AusQuest Limited
AusQuest Limited operates in the mining industry, focusing on the exploration and development of copper, gold, zinc, nickel, and iron resources. The company has a significant presence in both Peru and Australia, with projects aimed at discovering and developing mineral deposits. Its market focus includes strategic alliances with major industry players like South32 Limited to advance its exploration efforts.
YTD Price Performance: 175.00%
Average Trading Volume: 10,039,579
Technical Sentiment Signal: Sell
Current Market Cap: A$74.15M
For detailed information about AQD stock, go to TipRanks’ Stock Analysis page.