AGC's new exploration insights

Australian Gold and Copper (ASX:AGC) announced the results of a high-resolution drone magnetic survey over the Achilles deposit in South Cobar Project, NSW. The survey identified new exploration potential with significant northwest structural features linked to high-grade silver-gold mineralisation. These structures will be targeted in upcoming drilling campaigns.

AGC's strategic exploration outlook

Australian Gold and Copper (ASX:AGC) has conducted a drone magnetic survey revealing new exploration potential at the Achilles deposit in New South Wales. The findings highlight significant northwest structural features associated with high-grade mineralisation. AGC plans to target these in future drilling campaigns, aiming for substantial exploration upside. The survey is part of AGC's broader effort to map high-grade zones and identify new mineral systems. Ten high-priority targets have been identified in the Achilles Shear Zone, supported by geophysical and geochemical data. An extensive air core drilling program is scheduled for early 2025, with deeper drilling to follow. AGC's strategy involves using advanced technology for detailed geological insights to extend known deposits. The company is focused on leveraging these findings to unlock the mineral potential of the South Cobar region, positioning for future growth.

Executive insights on exploration advancements

These systematic datasets are crucial for advancing our exploration goals, with potential for material increases in high-grade mineralisation at Achilles.