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Austin Metals Limited ( (AU:AYT) ) has issued an update.
Austin Metals Limited has commenced Phase 1 exploration activities at the Northern Zone of its Austin Gold Project in Western Australia, deploying high-resolution drone imagery, detailed field mapping and targeted rock-chip sampling along key BIF trends at Brunswick Hill, Mt Sandy and Golconda Well. The integrated program is designed to generate geophysical and structural interpretations that will define precise Phase 1 drill targets, marking a critical step in advancing the project’s exploration pipeline and potentially enhancing the company’s resource definition and positioning within the Murchison gold exploration sector.
The most recent analyst rating on (AU:AYT) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Austin Metals Limited stock, see the AU:AYT Stock Forecast page.
More about Austin Metals Limited
Austin Metals Limited is an ASX-listed exploration company focused on the Austin Gold Project in the Murchison Goldfields of Western Australia, targeting banded iron formation (BIF)-related gold mineralisation across several priority zones including Brunswick Hill, Mt Sandy and Golconda Well.
Technical Sentiment Signal: Sell
Current Market Cap: A$8.91M
For a thorough assessment of AYT stock, go to TipRanks’ Stock Analysis page.