InvestSMART

Adelong Gold Limited (ASX:ADG)

ALERT: Price-sensitive ASX Announcement for ADG
Current share price for ADG : $0.005 -0.001 (-16.67%)+
Announcement
Release
23 Apr 2026 9:09AM
Price at Release
$0.006
Full Release
download
Summary
Adelong Gold Limited, an Australian mineral exploration company, reported high-grade gold and antimony intercepts at their Lauriston Gold and Antimony Project in Victoria. The initial assays from the Comet prospect confirmed high-grade gold within the Comet Shear, validating historic intercepts and establishing a significant gold-antimony association at the New Trojan prospect. The ongoing exploration program focuses on enhancing understanding of the structurally controlled system, with plans to continue drilling and shift operations seasonally to maximize exploration results. The Lauriston project is notable for its proximity to the Fosterville Mine and its large, untapped exploration potential, promising significant growth and long-term value for the company.
Key Points
  • Adelong Gold Limited reports high-grade gold and antimony intercepts at Lauriston.
  • Initial assays confirm high-grade gold within Comet Shear.
  • The New Trojan prospect confirms gold-antimony association.
  • Ongoing drilling enhances understanding of the structural system.
  • Lauriston project offers significant exploration potential near Fosterville.
  • Company plans seasonal shifts in drilling locations for better results.
  • Lauriston represents a strategic asset in Victoria's gold mining region.
  • Adelong Gold also holds a prospective lithium portfolio in Brazil.
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.