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Aeris Resources Limited (ASX:AIS)

ALERT: Price-sensitive ASX Announcement for AIS
Current share price for AIS : $0.370 -0.125 (-25.25%)+
Announcement
Release
9 Feb 2026 9:56AM
Price at Release
$0.495
Full Release
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Summary
Aeris Resources Limited has announced results from its ongoing diamond drilling program at the Golden Plateau deposit in Queensland, Australia. Significant gold intersections have been reported from the first two holes of a planned 30-hole campaign aimed at validating geological interpretations and contributing to the company's Cracow tenement package. Notably, high-grade intersections from the Fernyside lode were confirmed, aligning with historical data of high-grade zones. The program will continue to target both high-grade and broad stockwork zones, with drilling results intended to support future open-pit designs and environmental planning. The Golden Plateau has historically been a major contributor to the Cracow goldfield, with substantial past gold production.
Key Points
  • Aeris Resources Limited reported significant gold intersections from the first two diamond drill holes at the Golden Plateau deposit.
  • High-grade gold results from the Fernyside lode confirm continuity of historical high-grade mineralisation.
  • The drill program aims to validate and refine geological interpretations and confirm void models.
  • Results from GPS130 include 5.0m at 12.7g/t Au, and from GPS131, 19.3m at 0.9g/t Au including higher-grade intersections.
  • The drilling program is part of a planned 30-hole campaign totaling 6,400 meters.
  • Significant historical production with approximately 850,000 gold ounces produced from the 1930s to 1990s.
  • Data from the drill program will support open-pit mine design and environmental assessments.
  • The Cracow tenement package, where the Golden Plateau is located, is fully owned by Aeris.
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.