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Austin Metals Limited ( (AU:AYT) ) just unveiled an update.
Austin Metals has refined a Vadrians-style BIF-hosted gold model at its Brunswick Hill prospect within the Austin Gold Project, underpinned by recent shallow high-grade drill intercepts and historical results that point to a structurally controlled, sulphide-associated gold system in oxide-facies jaspilite and magnetite–chert BIF. With more than 2km of prospective BIF strike largely untested and geophysical interpretation and ground validation planned for early 2026 to define new drill targets, the work materially advances the company’s exploration framework and could unlock significant new gold discoveries, reinforcing the strategic potential of its underexplored Murchison landholding.
More about Austin Metals Limited
Austin Metals Limited is an Australian gold exploration company focused on advancing its Austin Gold Project in the Murchison Goldfields of Western Australia. The company is targeting banded iron formation (BIF)-hosted gold systems, applying geological and geophysical models proven at nearby deposits such as Comet, Tuckabianna and The Island to identify and drill high-potential prospects like Brunswick Hill across its 111km² tenement package.
Technical Sentiment Signal: Sell
Current Market Cap: A$9.9M
See more data about AYT stock on TipRanks’ Stock Analysis page.