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AusQuest Limited ( (AU:AQD) ) just unveiled an update.
AusQuest Limited announced a significant porphyry copper-gold discovery at its Cangallo Copper Project in Peru, marking a potentially transformative year ahead. The discovery includes multiple wide intercepts of copper and gold mineralization, indicating the potential for a shallow copper oxide resource. In Australia, the company is advancing exploration at its Morrisey and Balladonia projects, with new drilling and target definition efforts underway, supported by a recent capital raise and strategic alliances.
More about AusQuest Limited
AusQuest Limited operates in the mining and exploration industry, focusing on discovering and developing copper, gold, zinc, nickel, and iron resources. The company has significant projects in Peru and Australia, aiming to leverage its strategic alliances and exploration opportunities to enhance its market position.
YTD Price Performance: 115.00%
Average Trading Volume: 25,583,794
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$48.59M
For a thorough assessment of AQD stock, go to TipRanks’ Stock Analysis page.