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ACDC Metals Ltd (ASX:ADC)

ALERT: Price-sensitive ASX Announcement for ADC
Current share price for ADC : $0.044 0.006 (15.79%)+
Announcement
Release
1 Jul 2026 9:49AM
Price at Release
$0.038
Full Release
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Summary
ACDC Metals Ltd announced the granting of a Retention Licence for its Goschen Central Project in western Victoria. The licence secures the entire project area under Exploration Licence EL 5278, validating the project's strong technical and economic potential as revealed by a JORC compliant Mineral Resource estimate and a recent Scoping Study. The study highlighted the project's capability in producing critical minerals such as zircon, titanium, and rare earth elements. This milestone allows ACDC Metals to proceed with further exploratory and developmental activities amid favourable market conditions, securing a strategic position in the critical minerals sector.
Key Points
  • ACDC Metals Limited has been granted a Retention Licence for the Goschen Central Project in western Victoria.
  • The Retention Licence secures the entire area of Exploration Licence EL 5278 and supports the project's JORC compliant Mineral Resource estimate.
  • The licence allows for ongoing exploration and development while market conditions and technical work progress.
  • The Goschen Central Project has potential for critical and strategic metals, notably rare earth elements like terbium, dysprosium, neodymium, and praseodymium.
  • ACDC Metals' recent Scoping Study shows strong economic potential for the project, with a $384M NPV8 and 24% IRR.
  • Community consultations and geological assessments are planned for the next 12 months to further advance the project.
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.