Australian Critical Minerals to launch maiden drilling at Peru gold-silver project

Australian Critical Minerals Ltd. ( (AU:ACM) ) has shared an update.

Australian Critical Minerals has appointed Peruvian contractor SFP Drilling SAC to execute its maiden diamond drilling program at the Flint High-Sulphidation Gold-Silver Project in northern Peru. SFP, which has operated locally for about two decades, will provide drilling and logistical support as ACM moves from a drill-ready to drill-active phase at this flagship asset.

Mobilisation of personnel and equipment is expected to begin in mid-March, ahead of a Phase 1 program of four HQ diamond drillholes totalling roughly 1,850 metres that will target a northern cluster of high-sulphidation epithermal gold-silver prospects. The campaign will test a four-kilometre strike within a Tier 1 metallogenic belt at a time of strong gold and silver prices, potentially enhancing ACM’s growth prospects if the large-scale hydrothermal system indicated by geophysical and geochemical data yields significant discoveries.

More about Australian Critical Minerals Ltd.

Australian Critical Minerals Ltd is an ASX-listed exploration company focused on discovering and developing critical and precious metal deposits. Its portfolio includes the 100%-owned Flint High-Sulphidation Gold-Silver Project in northern Peru, located within a prolific epithermal metallogenic belt that hosts more than 50 million ounces of gold resources and production. The company targets large-scale gold-silver systems supported by modern geophysics, geochemistry and alteration mapping to build its resource base and enhance its position in the precious metals sector.

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