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Augustus Minerals Limited (ASX:AUG)
ALERT: Price-sensitive ASX Announcement for AUG
Current share price for AUG : $0.036 0 (0%)+
Announcement
Release
25 Jun 2026 8:16AM
Price at Release
$0.036
Full Release
Summary
Augustus Minerals Limited (ASX: AUG) announced significant gold intersections at the Music Well Gold Project, located in the Leonora/Laverton Greenstone Belt of Western Australia. Recent drilling at the Clifton East prospect confirmed wide zones of mineralisation with higher grade intervals than previously identified, such as a notable 7.90g/t gold assay from MWRC0006. The exploration program included reverse circulation (RC) drilling, with assays indicating uniform non-nuggety gold distribution across samples. Preparations are underway for a diamond drilling program to further define mineralisation dips and gather structural information. Additional soil sampling is planned for nearby prospects, including Black Cat East and Teutonic East.
Key Points
- Wide gold intersections confirmed at Music Well Gold Project.
- Drilling at Clifton East revealed higher grade gold intervals.
- Notable assay included 7.90g/t gold from MWRC0006.
- RC drilling indicated uniform gold distribution.
- Future diamond drilling to refine mineralisation dip understanding.
- Soil sampling planned for additional prospects.
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.
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