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Australian Gold & Copper Ltd. ( (AU:AGC) ) has shared an announcement.
Australian Gold & Copper Ltd reported an active March quarter, completing preparations for three concurrent drilling programs at its South Cobar Project in New South Wales. The work centres on diamond drilling at the Achilles and Browns–Evergreen prospects and an aircore campaign at the Tooronga greenfields area, both Browns–Evergreen and Tooronga having been acquired in late 2025.
The company’s strategy for 2026 is to significantly grow contained metal by extending the initial Achilles resource and delivering a maiden resource at Evergreen. Backed by an existing 10.3Mt resource grading 116g/t silver equivalent for 38.5 million ounces silver equivalent at Achilles and a cash balance of A$7.1 million with no debt, Australian Gold & Copper is positioning itself for substantial resource growth and a stronger development pipeline in the South Cobar Basin.
More about Australian Gold & Copper Ltd.
Australian Gold & Copper Ltd is an ASX-listed explorer focused on precious and base metals across a 2,600km² landholding in the South Cobar Basin of New South Wales. Its flagship Achilles discovery, made in 2024, hosts an initial 38.5 million ounce silver-equivalent resource, and the company is advancing a second emerging resource opportunity at Browns Reef–Evergreen acquired in 2025.
Average Trading Volume: 304,619
Technical Sentiment Signal: Sell
Current Market Cap: A$45.78M
For a thorough assessment of AGC stock, go to TipRanks’ Stock Analysis page.