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Auravelle Metals Limited (ASX:AUV)

ALERT: Price-sensitive ASX Announcement for AUV
Current share price for AUV : $0.006 -0.004 (-40%)+
Announcement
Release
18 Jun 2026 8:19AM
Price at Release
$0.010
Full Release
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Summary
Auravelle Metals Limited has completed a targeted soil sampling program at its Crown Gold Project, located in Western Australia's Eastern Goldfields near Kalgoorlie. The program involved the collection of approximately 400 samples aimed at testing key structures associated with the Majestic Gold Centre. This initiative is part of their systematic exploration strategy to enhance the pipeline of gold targets in an under-explored area, with results expected in Q3 CY2026 to refine future aircore drilling targets. The project is considered strategically important given its location and the limited deeper drilling conducted so far.
Key Points
  • Auravelle Metals Limited completed a targeted soil sampling program at Crown Gold Project near Kalgoorlie.
  • Approximately 400 soil samples were collected for multi-element analysis.
  • Sampling targeted key structures associated with the nearby Majestic Gold Centre.
  • Results are expected in Q3 CY2026 to refine aircore drilling targets.
  • The Crown Project is strategically located south of the Majestic Gold Centre.
  • This exploration effort is part of Auravelle's strategy to build a pipeline of gold targets.
  • Managing Director Andrew Muir emphasized the strategic importance of Crown and the need for deeper drilling.
  • The focus is on defining additional gold anomalies and generating 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.