ACDC Metals (ASX: $ADC) announces exceptional drilling results

ACDC Metals Limited (ASX: $ADC) has announced exceptional results from the infill and extension drilling at the Goschen Central heavy mineral sand (HMS) and rare earth element (REE) project in the Murray Basin of western Victoria, Australia. The results from the 64 drill holes extend the zone of high-grade mineralisation, with 32 holes reporting intervals greater than 4% Heavy Minerals. The pilot plant program at Mineral Technologies remains on track, with results and samples due in April 2024. Scoping studies are also on track for a Q1 2024 release.

Executive Commentary on Goschen Central Drilling Results

We are very pleased with these drill results which have potential to significantly increase the size and grade of the Goschen Central heavy mineral sand resource. This drilling along with further mineralogical studies highlights the potential of the Goschen Central project to be a long lived supplier of rare earth elements, zircon and titanium. We look forward to integrating these results in the second quarter when we update the Goschen central resource estimate.

Summary of ACDC Metals' Announcement

ACDC Metals (ASX: $ADC) has reported exceptional results from the infill and extension drilling at the Goschen Central project, extending the high-grade mineralisation zone. The company anticipates a resource upgrade expected during Q2 2024. The CEO, Tom Davidson, expressed satisfaction with the results, emphasizing the potential for significant expansion of the heavy mineral sand resource. The project is also expected to be a long-term supplier of rare earth elements, zircon, and titanium. The pilot plant program at Mineral Technologies remains on track, with results and samples due in April 2024, and scoping studies are on track for a Q1 2024 release. ACDC Metals is focused on projects in the Murray Basin of western Victoria, Australia, and is developing its licensed downstream processing technology for its Rare Earth Processing plant (REPP) Project. The company's flagship project, Goschen Central, continues to show promise and potential for substantial growth.