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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
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