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The latest update is out from AustChina Holdings Limited ( (AU:AUH) ).
AustChina Holdings Limited has commenced first-phase fieldwork at its Sulphide Creek Gold-Antimony Project in Tasmania, which included structural mapping and stakeholder engagement, revealing promising gold intersections and new drill targets. Additionally, the company has been granted an exploration license for the Mersey VMS Base Metals and Gold Project, with plans for geological mapping and surveys to identify sulphide targets, while also renewing its coal exploration license at the Blackall Coal Project, supported by a successful funding placement.
More about AustChina Holdings Limited
AustChina Holdings Limited is a junior energy and mineral resources company with projects including the Blackall Coal Project in Queensland and interests in copper exploration. The company also focuses on gold-antimony and base metals exploration through its 100%-owned Sulphide Creek Gold-Antimony Project and the Mersey Volcanogenic Massive Sulphide (VMS) Base Metals and Gold Project in Tasmania.
Current Market Cap: A$3.03M
Learn more about AUH stock on TipRanks’ Stock Analysis page.