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An update from Australian Gold & Copper Ltd. ( (AU:AGC) ) is now available.
Australian Gold and Copper Ltd has completed the acquisition of the Browns Reef tenement package from Eastern Metals Limited, effectively doubling its exploration area in the South Cobar Basin to 2,600km². This strategic move positions AGC as the dominant titleholder in the region, with plans to commence an extensive drilling program aimed at establishing a maiden Mineral Resource Estimate for the Evergreen target. The acquisition includes significant previous drilling data and offers synergies with AGC’s existing discoveries, enhancing its potential for future mineral resource development.
More about Australian Gold & Copper Ltd.
Australian Gold and Copper Ltd (AGC) operates in the mining industry, focusing on the exploration and development of gold and copper resources. The company is expanding its footprint in the South Cobar Basin, a region known for its mineral potential, particularly in silver, gold, and base metals.
Average Trading Volume: 262,373
Technical Sentiment Signal: Buy
Current Market Cap: A$49.85M
See more insights into AGC stock on TipRanks’ Stock Analysis page.