Introduction to Australian Gold and Copper's recent findings

Australian Gold and Copper (ASX:AGC) has announced notable assay results from its recent diamond drilling program at the Achilles deposit, part of the South Cobar Project in New South Wales. The central portion of the deposit has yielded high-grade silver, gold, and base metal mineralization, including a standout result of 2.9 kilograms per tonne of silver over a 27-meter interval. These results are part of a ten-hole drilling program, with further assays pending.

Summary of AGC's exploration results and future plans

Australian Gold and Copper (ASX:AGC) has reported significant assay results from its diamond drilling program at the newly discovered Achilles deposit, showing high-grade silver, gold, and base metal mineralization. The central portion of the deposit, which is part of the South Cobar Project, shows potential for expansion as it remains open laterally and at depth. The company plans extensive exploration in 2025, including large-scale aircore drilling, to further explore the Achilles Shear Zone. AGC aims to enhance its resource base significantly with this discovery, contributing to its strategic growth in the region. With further assays pending, AGC remains optimistic about unlocking more value through continued exploration and resource expansion.

Executive insights on the Achilles deposit discovery

Managing Director Glen Diemar expressed excitement over the high-grade discovery and the potential to unlock further value in the coming year. The exploration program is aimed at both expanding the existing deposit and evaluating new targets within the region.