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Augustus Minerals Limited ( (AU:AUG) ) just unveiled an announcement.
Augustus Minerals Limited announced promising results from their recent exploration at the St Patrick’s Well prospect within the Music Well project. High-grade gold assays from rock chip samples, including one as high as 30.4g/t, have been reported, validating previous findings and identifying new promising vein trends. This development enhances the project’s potential and positions Augustus favorably within the regional mining industry. Further geological mapping and drilling are planned, alongside an AI-enhanced targeting study expected to yield results in Q1 2025.
More about Augustus Minerals Limited
Augustus Minerals Limited is engaged in the exploration of mineral resources, focusing primarily on gold deposits. The company holds a significant exploration package in the Leonora/Laverton Greenstone Belt of Western Australia, known as the Music Well Gold Project.
YTD Price Performance: -16.00%
Average Trading Volume: 328,164
Technical Sentiment Consensus Rating: Sell
For an in-depth examination of AUG stock, go to TipRanks’ Stock Analysis page.
