AusQuest (ASX:AQD) will start its stage-two reverse circulation drilling program at the Cangallo project in Peru next month, according to a Thursday filing with the Australian bourse.
The 5,000-meter program aims to extend the original copper-gold intersections and locate the center of the porphyry system, the filing stated. Initial assay results are expected in July.
AusQuest's shares were up 10% in recent trade.