Australasian Metals Limited (AU:A8G) has released an update.
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Australasian Metals Limited has identified new drill targets at their Ayres Rock Prospect within the Capella Gold Project, following a comprehensive data review that suggests the presence of high-grade epithermal gold veining. The company is optimistic about these potential high-grade plunging shoots after previously defining maiden Inferred Resources and considering the current uptick in gold prices. The findings are supported by existing drill intersection data and a detailed study of the mineralization’s alteration zones.
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