InvestSMART

ACDC Metals Ltd (ASX:ADC)

ALERT: Price-sensitive ASX Announcement for ADC
Current share price for ADC : $0.043 0.001 (2.38%)+
Release
19 Aug 2026 10:04AM
Price at Release
$0.042
Full Release
download
Summary
ACDC Metals Ltd, an exploration company focused on precious metals, has announced the launch of its maiden drill program at the Mount Jackson Gold-Silver Project located in Nevada, USA. The company has contracted FTE Drilling USA Inc to conduct a 2,500-metre reverse-circulation drill campaign, set to commence in the fourth quarter of 2026. This drilling initiative will aim to test extensions of known mineralisation at the Pegasus Zone and explore new areas in the 3 Shaft Zone, supported by a Controlled Source Audio Magnetotellurics (CSAMT) geophysical survey to refine drill targets. The project is part of the Walker Lane mineralised belt, known for its rich history in gold and silver production. ACDC Metals CEO, Tom Davidson, emphasized this as a significant milestone, expecting the results to validate and extend previous findings. Environmental and site preparations are underway to facilitate the operations.
Key Points
  • Maiden drill program at Mount Jackson Gold-Silver Project
  • Contracts signed with FTE Drilling USA Inc
  • 2,500-metre reverse-circulation drilling planned
  • Drill campaign scheduled for Q4 2026
  • CSAMT geophysical survey to refine targets
  • Located in Walker Lane, Nevada
  • Targeting known and new mineralisation zones
  • Environmental permitting underway
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.