Austral Resources Says Drilling at Queensland Project Identifies Possible Copper-Gold Lode; Shares Jump 7%

MT Newswires Live

07/30

Austral Resources Australia (ASX:AR1) said ongoing drilling identified a possible second, parallel copper-gold lode around 300 meters south of the Snow Queen prospect at the Cameron River project in Queensland, according to a Thursday Australian bourse filing.

Drilling intersected 15 meters at 1.2% grade of copper and 0.24 grams per tonne grade of gold from 60 meters on the Santa Maria Trend, the company said, adding that the intersection is interpreted to represent a possible second copper-gold lode. Further drilling is required to confirm continuity and geometry.

The company's shares jumped nearly 7% in recent trading on Thursday.

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Further drilling is required to confirm continuity and geometry.</p><p>The company's shares jumped nearly 7% in recent trading on Thursday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"FT_SY_1OZ","symbol_name":"1盎司黄金","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2655499258","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2655499258","pubTimestamp":1785378482,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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