Join our daily newsletter At The Bell to receive exclusive market insights
- Austin Metals (AYT) begins aircore drilling on high-priority gravity targets at its flagship Austin Gold Project in Western Australia
- A total of 7000 metres of aircore drilling will be undertaken to follow up on gold identified in previous programs at the Everlong, Overdrive and Generator prospects
- This drilling program will be Austin’s most extensive program undertaken to date and will take between two to three weeks to complete
- Austin Metals ends the day 12.5 per cent in the green with shares trading at 0.9 cents
Austin Metals (AYT) has begun aircore drilling on high-priority gravity targets at its flagship Austin gold project in Western Australia.
A total of 7000 metres of aircore drilling will be undertaken to follow up on gold identified in previous programs at the Everlong, Overdrive and Generator prospects.
Austin will also follow up on several other untested gravity anomalies.
This drilling program will be Austin’s most extensive program undertaken to date and will take between two to three weeks to complete.
“Given the success of previous aircore drilling with the delineation of gold mineralisation at Everlong, Overdrive and Generator, the company is committed to continuing our proven exploration strategy,” Technical Director Leo Horn commented.
“All three prospects warrant follow-up drilling and multiple other gravity targets have been identified so we now begin the process of systematically exploring each one. We are
delighted to see early visual signs of quartz veins at two prospects and excited for the rest of the program.”
Austin Metals has ended the day 12.5 per cent in the green with shares trading at 0.9 cents.
