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Triton Reports Encouraging Early Results at Aucu as COO Steps In to Boost Operations

Story Highlights
  • Triton’s maiden Aucu drilling campaign shows encouraging gold–copper geology despite delays.
  • COO Adrian Costello is on-site in Mozambique to lift productivity and support project execution.
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Triton Reports Encouraging Early Results at Aucu as COO Steps In to Boost Operations

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An update from Triton Minerals Limited ( (AU:TON) ) is now available.

Triton Minerals has provided a market update on its maiden drilling campaign at the Aucu Gold–Copper Project in Mozambique and the planned sale of a 70% stake in its graphite assets. Despite slower-than-expected progress due to technical and operational challenges, the company reports encouraging geological observations from 1,094 metres of drilling across 25 targets, including quartz veining, sulphide mineralisation, strong alteration and visible copper oxides that align with its gold–copper exploration model, with samples to be progressively dispatched for lab assays. To improve productivity and address onsite constraints, Chief Operating Officer and Executive Director Adrian Costello has travelled to Mozambique to work directly with drilling crews, review logistics and equipment performance, support local site management, strengthen relationships with service providers and engage with local communities, signalling Triton’s commitment to advancing the project and maintaining responsible development practices while it restructures its graphite portfolio.

More about Triton Minerals Limited

Triton Minerals Limited is an ASX-listed resources company focused on the exploration and development of gold–copper and graphite assets in Mozambique, with its Aucu Gold–Copper Project located near the provincial city of Tete. The company is pursuing a portfolio strategy that includes advancing early-stage drilling programs while progressing the sale of a 70% interest in its graphite assets to optimise capital allocation and operational focus.

YTD Price Performance: -9.09%

Average Trading Volume: 1,251,050

Technical Sentiment Signal: Sell

Current Market Cap: A$14.12M

For detailed information about TON stock, go to TipRanks’ Stock Analysis page.

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