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ACDC Metals Ltd (ASX:ADC)

ALERT: Price-sensitive ASX Announcement for ADC
Current share price for ADC : $0.043 -0.002 (-4.44%)+
Announcement
Release
22 Jul 2026 9:40AM
Price at Release
$0.045
Full Release
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Summary
ACDC Metals Limited has reported the identification of multiple exploration targets at the Mount Jackson Gold-Silver Project in Nevada, following an aeromagnetic survey. The survey, which sought to expand and refine existing mineralisation zones, highlighted three distinct anomalies. Key focus areas include the Pegasus and 3 Shaft Zones. The company plans to commence a drilling program in Q4 2026 and is considering further geophysical surveys to enhance drill targeting confidence. The project is located in the mineral-rich Walker Lane corridor, with a strong history of mining production.
Key Points
  • ACDC Metals Limited has identified multiple exploration targets at the Mount Jackson Project in Nevada.
  • The aeromagnetic survey revealed three distinct target zones with unique anomalies.
  • The Pegasus Zone and 3 Shaft Zone have been identified as priority targets for further exploration.
  • Planned drilling program for Q4 of the 2026 calendar year.
  • The project area is situated within the Walker Lane, known for its mining production history.
  • Further geophysical surveys, including an Induced Polarisation survey, are being evaluated.
  • The company aims to delineate and extend known mineralisation and identify new high-grade locations.
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.