Overview of AGC's recent exploration activities

Australian Gold and Copper Ltd (ASX: $AGC) has commenced an induced polarisation (IP) geophysical survey to test for further sulphide targets in the Achilles region. The survey has already identified numerous early-stage drill targets, including a strong chargeability anomaly approximately 1.6km south of the Achilles discovery. Additionally, potential for a second mineralised parallel shear 500m west of the Achilles Shear Zone has been highlighted. The company's ongoing exploration program aims to further test these targets and is expected to yield valuable results upon completion.

Executive commentary on the IP geophysics survey and drilling programs

The IP geophysical survey at the Achilles region has provided promising indications of additional mineralisation potential. The identification of early-stage drill targets and the presence of strong chargeability anomalies are encouraging signs for the company's exploration efforts. Furthermore, the ongoing twenty-hole reverse circulation (RC) drilling program at Achilles has delivered positive results, with gold, silver, and base metal mineralisation extending north, south, and at depth. The scheduled diamond drilling program is anticipated to provide further insights into the higher grade zones at Achilles, supporting our commitment to thorough exploration and potential resource expansion.

Summary of AGC's recent exploration update and future plans

Australian Gold and Copper Ltd (ASX: $AGC) has made significant progress with the commencement of an IP geophysical survey, which has unveiled promising potential for new mineralised zones and drill targets in the Achilles region. The ongoing RC drilling program has demonstrated the extension of mineralisation in various directions, reinforcing the company's dedication to maximizing the resource potential at Achilles. With the upcoming diamond drilling program and the development of an exploration program to further test the identified targets from the IP survey, AGC remains focused on advancing its exploration activities and unlocking the full mineralisation potential of the Achilles region.