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Ausquest Limited (ASX:AQD)

ALERT: Price-sensitive ASX Announcement for AQD
Current share price for AQD : $0.048 0 (0%)+
Announcement
Release
20 Aug 2026 6:43PM
Price at Release
$0.048
Full Release
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Summary
AusQuest Limited announced that their initial Reverse Circulation (RC) drilling at the Lantana Copper-Gold Project in Peru has confirmed the presence of copper and other high-temperature pathfinder elements indicative of a porphyry system. The drilling results suggest potential for buried porphyry copper systems beneath the alluvial cover north and east of the current drill sites. The project area has shown anomalous copper and other metal values, which supports the high prospectivity within the Iquipa-Clavellinas structural corridor. Future exploration will focus on optimizing drilling efforts to better target these high potential areas.
Key Points
  • RC drilling confirms copper and high-temperature pathfinder elements.
  • Potential for buried porphyry copper systems at Lantana.
  • Initial drilling program involved 9 holes totaling 2,794 meters.
  • Target area identified north and east of current drill holes.
  • Future exploration to focus on optimizing drilling targets.
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.