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Australian Critical Minerals Limited (ASX:ACM)

ALERT: Price-sensitive ASX Announcement for ACM
Current share price for ACM : $0.040 -0.015 (-27.27%)+
Announcement
Release
31 Mar 2026 9:07AM
Price at Release
$0.055
Full Release
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Summary
Australian Critical Minerals Limited (ACM) has initiated a comprehensive 1,850m diamond drilling program at the Flint gold-silver project, targeting a 4km strike system that is thought to contain multiple high-sulphidation epithermal gold-silver zones. This marks the first systematic exploration of the hydrothermal system at Flint, with the initiative bolstered by historical geochemistry, geophysical data, and geological mapping. In a strategic move, ACM has expanded its tenure westward, furthering its reach towards the San Juan Project and highlighting the area's district-scale potential. The drilling effort is enhanced by advanced technologies such as DMT's ANCORELOG system, allowing for rapid and precise geological insights. This exploration is part of ACM's broader strategy to confirm precious metal mineralization and assess the scale of the system, while leveraging advanced core logging systems to boost exploration efficiency.
Key Points
  • Australian Critical Minerals Limited (ACM) has commenced a maiden diamond drilling program at the Flint gold-silver project.
  • The drilling targets a 4km strike system believed to host high-sulphidation epithermal gold-silver zones.
  • ACM's drilling program is the first systematic test of the broader hydrothermal system at Flint, supported by historical geochemistry and geophysics.
  • ACM has expanded its tenure westward, increasing its reach towards the San Juan Project, enhancing district scale potential.
  • The drilling is supported by advanced technology, including DMT's ANCORELOG system, providing high-resolution geological data.
  • The drilling strategy includes targeting interpreted epithermal centers and associated alteration zones to confirm mineralization.
  • The Flint project is strategically positioned among other significant gold-silver producers.
  • ACM employs advanced multi-sensor core logging systems to enhance data quality and exploration efficiency.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.