InvestSMART

Aurelia Metals Limited (ASX:AMI)

ALERT: Price-sensitive ASX Announcement for AMI
Current share price for AMI : $0.275 0.01 (3.77%)+
Announcement
Release
23 Apr 2026 8:56AM
Price at Release
$0.265
Full Release
download
Summary
Aurelia Metals Limited has released an update concerning its exploration activities in the Nymagee District, particularly focusing on the Federation Mine in New South Wales. The company successfully completed its first underground exploration drilling program at Federation, which extended the high-grade Federation West mineralization by approximately 70 meters and discovered a new polymetallic lens called the Harley Lens. The update also highlights significant drill intersections with high concentrations of zinc, lead, copper, gold, and silver. Exploration at the Lancelot prospect revealed graphite-related anomalies, while the Lyell prospect involved aircore drilling to assess geochemical anomalies. These efforts are part of Aurelia's ongoing strategy to expand its resource base and enhance mining operations in the region.
Key Points
  • Completion of first underground exploration drilling program at Federation.
  • Extension of high-grade Federation West mineralization by ~70 meters.
  • Discovery of the Harley Lens, a new polymetallic lens northwest of Federation.
  • Significant drill intersections with high concentrations of base metals and precious metals.
  • Graphite-related anomalies confirmed at Lancelot prospect.
  • Aircore drilling at Lyell prospect to assess geochemical anomalies.
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.