Australian Gold & Copper Strikes High Grades

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

Australian Gold and Copper Ltd reports significant findings from their recent drilling program at the Achilles site, with 9 new holes revealing high grades of gold, silver, copper, lead, and zinc. The discovery, now defined by 12 drill holes, shows potential for both surface and depth extensions. Following these promising results, the company has initiated a new 20-hole drilling campaign and successfully raised $11 million in a recent placement.

For further insights into AU:AGC stock, check out TipRanks’ Stock Analysis page.