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Australian Gold and Copper Ltd Reports Promising Gold Results at South Cobar Project

Story Highlights
  • Australian Gold and Copper Ltd focuses on gold and copper exploration in New South Wales.
  • The company announced strong near-surface gold results, enhancing resource potential at Achilles.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Australian Gold and Copper Ltd Reports Promising Gold Results at South Cobar Project

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Australian Gold & Copper Ltd. ( (AU:AGC) ) has provided an update.

Australian Gold and Copper Ltd announced strong near-surface gold and silver results from its South Cobar Project in New South Wales. The drilling program revealed significant gold-dominant mineralization, with one hole returning 5 meters at 19.1g/t gold and 52g/t silver. These results are expected to enhance the potential value and scale of future mineral resources at the Achilles deposit. The company is actively pursuing further exploration with additional drilling to define the extent of the high-grade oxide mineralization, aiming to build a substantial gold-silver mineral inventory in a prime mining jurisdiction.

More about Australian Gold & Copper Ltd.

Australian Gold and Copper Ltd operates in the mining industry, focusing on the exploration and development of gold and copper resources. The company is engaged in projects primarily located in New South Wales, Australia, with a market focus on expanding its mineral resource base.

Average Trading Volume: 235,655

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$55.04M

Find detailed analytics on AGC stock on TipRanks’ Stock Analysis page.

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