AusQuest Says Reverse Circulation Drilling at Peru Porphyry Copper-Gold Project Defines Mineralization Corridor, Shares Jump 7%

MT Newswires Live

03/04

AusQuest (ASX:AQD) said the stage-three reverse circulation drilling program at the Cangallo porphyry copper-gold project in Peru defined a large corridor of continuous mineralization extending over 1,500 meters along strike and to a depth exceeding 400 meters, according to a Wednesday Australian bourse filing.

The company encountered an intercept of 164 meters at 0.3% grade of copper and 0.1 grams per tonne (g/t) grade of gold from 304 meters to the end of hole, the filing said. It plans to conduct over 5,000 meters of reverse circulation drilling, expected to start in mid-March, and over 5,000 meters of diamond drilling, expected to launch in April.

AusQuest's shares jumped past 7% in recent trading on Wednesday.

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It plans to conduct over 5,000 meters of reverse circulation drilling, expected to start in mid-March, and over 5,000 meters of diamond drilling, expected to launch in April.</p><p>AusQuest's shares jumped past 7% in recent trading on Wednesday.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多種金屬與採礦","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2616330684","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2616330684","pubTimestamp":1772585241,"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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