Company
Australian Gold and Copper Ltd
ASX:AGC
Australian Gold and Copper Ltd (ASX:AGC) is an exploration company with a focus on the exploration and development of a multi-asset gold and gold-copper portfolio in the world-class Lachlan Fold Belt in New South Wales. The wholly-owned Moorefield, Cargelligo and Gundagai projects cover about 1,000 square kilometres and contain numerous drill-ready targets identified by multiple datasets and each provide the opportunity for a major gold or copper-gold discovery in NSW.
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Base metal players prospect for copper, nickel and more amid green energy revolution
With the move to renewable energy sources front of mind, the Australian Government’s Resources and Energy Quarterly expects lithium and base metal products to earn around $47 billion in the current financial year.
Australian Gold and Copper lodges application for NSW area hosting 10-kilometre-long copper trend
"We were absolutely stunned to find such a strong and well-defined copper trend in a totally under-explored sedimentary basin,” AGC MD Glen Diemar said.
Australian Gold and Copper returns broad, shallow gold in maiden Gundagai drilling
AGC has only scratched the surface at Gundagai’s Grandview gold system, which is known to extend along strike for at least 1,200 metres.
Australian Gold and Copper unearths promising pathfinder elements during maiden drilling at Gundagai Gold Project
“The northernmost hole GVRC006 had the strongest alteration and vein development, which means it has strong potential to the north and gives potential for extensions under cover," MD Glen Diemar said.
Australian Gold and Copper appoints experienced mining industry executive as director
Dr Adam McKinnon is an exploration and mining professional with an extensive record of discovery in central western New South Wales.
Australian Gold and Copper has RC drill spinning in maiden Grandview campaign
"We are excited to start drilling again at another target with great potential. Grandview has large, bulk-tonnage potential with consistent gold and pathfinders in our soil and rock chip sampling and historic drilling,” said MD Glen Diemar.
Australian Gold and Copper welcomes more near-surface gold assays from Moorefield Project’s Boxdale trend
“These results continue to deliver consistent near surface gold for AGC in a time where such deposits are becoming increasingly rare and harder to find," MD Glen Diemar said.
Australian Gold and Copper delivers more gold results along 15-kilometre Boxdale-Carlisle trend
“These results are very exciting for AGC given this 15-kilometre trend continues to deliver gold intercepts at both the north-western (Boxdale) and south-eastern (Carlisle Reefs) ends. A large near-surface gold discovery is our goal here an
Australian Gold and Copper identifies 20-kilometre-long magnetic body beneath Boxdale-Carlisle Reefs gold trend
AGC has highlighted the potential for a large ore body beneath the Boxdale-Carlisle Reefs gold trend, identifying a 20-kilometre-long magnetic body that may be the source feeder for gold mineralisation in the target zone.
Australian Gold and Copper has second phase RC drilling underway targeting gold at Boxdale
Twenty-five holes are planned for 2,500 metres focusing on multiple gold targets and following up recent strong RC drilling results, including 5 metres at 4.16 g/t from 24 metres.
Australian Gold and Copper turns the soil on near-surface gold in Boxdale-Carlisle Reefs trend
“These results are very exciting given we have only drilled three anomalies in a 15-kilometres gold trend,” says MD.
Australian Gold and Copper intercepts sulphides and quartz veining in Carlisle Reef exploration drilling at Moorefield Project
AGC has identified arsenophyrite and pyrite-hosted sulphides within quartz veining along the Carlisle Reef trend, offering targets for further exploration once assays are returned in the coming months.
Australian Gold and Copper closes the books on Boxdale drilling, moves the rig to Carlisle Reefs
The drill rig will now turn its attention to the Carlisle Reefs target, where it is expected to execute eight planned holes on the hunt for extensions to known gold mineralisation.
Australian Gold and Copper snaps up $200,000 NSW drilling grant
The cash injection will support drilling activity at AGC’s Achilles target — a prospect within the Cargelligo copper-gold/base-metal project in the southern Cobar Super-Basin.
Australian Gold and Copper stakes large landholding in southern Cobar Basin
The new areas are surrounded by some of the world’s major copper miners and put the company in a strong position to benefit from others’ success in the belt.
Australian Gold and Copper turns the soil on orogenic gold targets at Moorefield
The gold and copper explorer kicked off reverse circulation drilling and a ground magnetics survey after a historical data review defined three gold targets.
Australian Gold and Copper observes zones of copper-lead-zinc mineralisation in first diamond hole at Achilles
The company has furthered its understanding of the lithologies of the Achilles target in the Cargelligo Project, with geological features pointing to the presence of massive copper sulphides.
Australian Gold and Copper hunts for main copper zone at Achilles target
A diamond drill is working to uncover a broad copper zone within a 3-kilometre base metal target, with previous drilling encountering an 85-metre copper hit.
Up and coming explorers to feature in Proactive Resources Webinar next Tuesday
The webinar on Tuesday, September 21 will feature Australian Gold and Copper, Magmatic Resources and Sipa Resources.
Australian Gold and Copper’s Achilles results show strengthening copper zone
Following the results from phase 2 RC drilling that indicate a copper zone strengthening towards an aerial EM conductor, the company is mobilising a diamond rig next week.
Australian Gold and Copper completes phase 2 drilling at Cargelligo’s Achilles target
The company is planning a phase 3 diamond drill program pending favourable assays which are expected in late September.
Australian Gold and Copper drilling defines three base metal zones in Cobar Basin
Following the encouraging results, the company is mobilising a drill rig to the Achilles target to test underneath the recent copper and base-metal intercepts.
Australian Gold and Copper extends Achilles copper and base metals target
The total length of known base-metal soil anomalies has extended from 350 metres to 3 kilometres, and all three anomalies are considered open.
Australian Gold and Copper completes second RC drill campaign just one month after IPO
During the drilling, the company intersected zones of strong alteration and base-metal sulphides above a large EM conductor.
Australian Gold and Copper lists on ASX after raising $10 million in IPO
The company has secured a reverse circulation drill rig for more than 7,000 metres of discovery focused drilling on its Lachlan Fold Belt projects, which is expected to start in late January.