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Australian Gold and Copper Ltd Reports Promising Metallurgical Results at Achilles Deposit

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Australian Gold and Copper Ltd Reports Promising Metallurgical Results at Achilles Deposit

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Australian Gold & Copper Ltd. ( (AU:AGC) ) just unveiled an announcement.

Australian Gold and Copper Ltd has announced promising results from initial metallurgical test work at its Achilles deposit in the Cobar Basin, NSW. The tests demonstrated robust recoveries of silver, gold, lead, and zinc, marking a significant milestone towards a maiden Mineral Resource Estimate for the project. The successful flotation and leaching trials indicate strong potential for the Achilles deposit to produce high-grade concentrates, which could enhance AGC’s industry positioning and provide valuable insights for stakeholders regarding future exploration and resource estimation efforts.

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 deposits. The company is primarily engaged in projects located in the Cobar Basin, New South Wales, Australia, with a market focus on extracting valuable metals such as silver, gold, lead, and zinc.

Average Trading Volume: 215,530

Technical Sentiment Signal: Hold

Current Market Cap: A$39.77M

Learn more about AGC stock on TipRanks’ Stock Analysis page.

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