Austin Metals Commences Drilling at Highly Prospective Austin Gold Project

Carol Forrest
exploration jobs

Austin Metals Limited (ASX: AYT) has commenced a reverse circulation (RC) drilling program at its highly prospective Austin Gold Project located near Cue in the Murchison Province of Western Australia. This exploration aims to extend known mineralisation at the Mt Sandy and Brunswick Hill Prospects, building on previous high-grade results.

Key Highlights:

  • Initial RC drilling program consists of 10-15 holes covering approximately 1,500 metres.

  • Targeting mineralisation extensions following recent significant intercepts including:

    • 8.0m @ 2.7 g/t Au from 56m, including 2.0m @ 10.3 g/t Au.

    • 6.0m @ 3.5 g/t Au from 65m.

    • 5.0m @ 2.4 g/t Au from 83m, including 2.0m @ 5.6 g/t Au.

  • Strategically positioned near established gold mines and advanced exploration projects, including Ramelius Resources' Mt Magnet Operations and Caprice Resources' Island Project.

Upon completing the Austin Gold Project drilling, the rig will move to the company's Ashburton Gold-Copper Project, which recently secured heritage approvals. This project includes the promising Donnelly's Prospect with previously reported high-grade trenching results:

  • 12m @ 12.5 g/t Au and 1.7% Cu.

  • 13m @ 4.1% Cu and 0.3 g/t Au.

Managing Director Paul L’Herpiniere commented, "The Austin Gold Project drilling program marks a significant step forward in our exploration strategy, aiming to unlock further potential across our promising portfolio."

Further exploration, including soil sampling, geophysical surveys, and additional RC drilling, is planned for 2025.

For more details, visit www.austinmetals.com.au.