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Australian Gold and Copper Ltd (ASX:AGC)

ALERT: Price-sensitive ASX Announcement for AGC
Current share price for AGC : $0.120 -0.005 (-4%)+
Announcement
Release
15 Jul 2026 8:30AM
Price at Release
$0.125
Full Release
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Summary
Australian Gold and Copper Ltd (AGC) announced significant results from its Achilles depth-extension drilling program. The deepest hole to date, A3DD014, confirmed high-grade mineralisation, intersecting 26 meters at 102g/t AgEq from 433m, including sections with 153g/t AgEq and 770g/t AgEq. This successful program extends mineralisation to at least 540m down dip, well below the current Mineral Resource Estimate. The results provide confidence in the potential for further resource growth and future underground mining prospects at Achilles. AGC plans to focus on shallow RC drilling targeting oxide gold-silver mineralisation for the next phase of exploration.
Key Points
  • Deepest hole A3DD014 confirms high-grade mineralisation extending to 540m.
  • A3DD014 returned 26m at 102g/t AgEq from 433m, with higher-grade intervals.
  • Program extends mineralisation well below current Mineral Resource Estimate.
  • Confidence in future resource growth and underground mining potential.
  • Next phase to focus on shallow RC drilling targeting oxide gold-silver mineralisation.
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.