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Lac Gold Limited (ASX:LAC)

ALERT: Price-sensitive ASX Announcement for LAC
Current share price for LAC : $0.350 0.01 (2.94%)+
Announcement
Release
30 Jun 2026 8:19AM
Price at Release
$0.340
Full Release
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Summary
Lac Gold Limited has reported significant findings from drilling activities at the Rouyn Gold Project in Québec. The drilling results reveal a large structurally controlled orogenic gold system characterized by broad mineralized envelopes containing high-grade gold shoots. Key drill holes, such as AS-26-798, have intersected extensive zones of gold mineralization, including notable grades such as 48.7m at 1.86 g/t Au and 64.5m at 2.96 g/t Au. The company plans to further refine the geological model and expand the mineral resource through a continued drilling program, emphasizing the continuity and expansion of high-grade zones. The Rouyn Gold Project is located along the Cadillac Break within the Abitibi gold region, hosting a significant mineral resource as per previous estimates. This announcement underscores the potential for expanding the resource base and refining the understanding of gold mineralization controls.
Key Points
  • Drilling reveals high-grade gold shoots in Rouyn Gold Project.
  • AS-26-798 intersected 48.7m at 1.86 g/t Au and 64.5m at 2.96 g/t Au.
  • The project is located along the Cadillac Break in the Abitibi region.
  • Lac Gold aims to expand mineral resources through continued drilling.
  • The project hosts a significant existing mineral resource estimate.
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.