Australian Gold & Copper Extends High-Grade Silver Mineralisation at Achilles Deposit

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

Australian Gold & Copper has announced strong new assay results from three deep diamond drill holes at the northern high-grade zone of its Achilles deposit in South Cobar, including a standout intercept of 11 metres at 424 grams per tonne silver equivalent from 305 metres, with 3 metres at 1,453 grams per tonne silver equivalent. These results extend exceptionally high-grade mineralisation from surface to more than 360 metres down dip and around 140 metres below the deepest hole used in the current mineral resource estimate, underscoring significant growth potential ahead of an updated resource later this year; with silver prices trading above US$110 an ounce, the company is positioning Achilles and the Browns–Evergreen deposit for a resource upgrade and initial resource respectively in 2026, aiming to more than double its South Cobar resource endowment and strengthen its standing in the silver-focused exploration space.

The most recent analyst rating on (AU:AGC) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Australian Gold & Copper Ltd. stock, see the AU:AGC Stock Forecast page.

More about Australian Gold & Copper Ltd.

Australian Gold & Copper Ltd is an Australian mineral exploration company focused on discovering and advancing silver-, gold- and base metal-rich deposits in New South Wales, particularly within the South Cobar region. The company is building a portfolio of shallow, high-grade, silver-dominant systems, with key projects including the Achilles deposit and the recently acquired Browns–Evergreen deposit.

Average Trading Volume: 339,556

Technical Sentiment Signal: Buy

Current Market Cap: A$63.28M

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