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Austin Metals Limited (ASX:AYT)

ALERT: Price-sensitive ASX Announcement for AYT
Current share price for AYT : $0.004 -0.001 (-12.50%)+
Announcement
Release
3 Sep 2025 9:17AM
Price at Release
$0.004
Full Release
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Summary
Austin Metals Limited has reported significant assay results from its Mt Sandy Prospect in the Austin Gold Project, located near Cue in Western Australia. These results come from recent RC drilling which returned multiple high-grade gold intercepts, suggesting a potentially large gold system. Notably, the mineralisation at Mt Sandy has been extended to a strike length of approximately 1km with mineralisation open in all directions. The project is strategically positioned near several established gold mines and exploration projects. A total of 11 drilling holes were completed, totaling 615 meters, aimed at building on previous positive results and testing new mineral zones.
Key Points
  • High-grade gold intercepts at Mt Sandy Prospect.
  • Drilling extended mineralisation strike length to 1km.
  • Austin Gold Project located near key gold mines and projects.
  • 11 drilling holes completed, totaling 615 meters.
  • Potential for substantial gold system identified.
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.