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Austral Gold Limited (ASX:AGD)

ALERT: Price-sensitive ASX Announcement for AGD
Current share price for AGD : $0.120 -0.005 (-4%)+
Announcement
Release
22 Jun 2026 8:26AM
Price at Release
$0.125
Full Release
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Summary
Austral Gold Limited has announced surface sampling results from their Juncal project, showcasing promising silver-gold veins. The exploration activities include a planned 10,000-metre reverse circulation drilling program aimed at testing down-dip extensions of mapped structures and assessing potential mineralisation below the surface. This program represents the first systematic test for subsurface continuity of mineralisation at Juncal, as no historical or modern drilling has been conducted previously. The results highlight significant intervals from various veins, including the Carolina, Edith, and Javiera veins, with high silver equivalent grades, affirming potential for substantial mineral resources.
Key Points
  • Surface sampling results from Juncal project.
  • 10,000-metre reverse circulation drilling planned.
  • First systematic test of subsurface mineralisation.
  • High silver equivalent grades in several veins.
  • No historical drilling at Juncal previously.
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.