Adelong Gold (ASX:ADG) said it will start diamond drilling at the Comet and Yankee prospects within its Lauriston Gold-Antimony project in Victoria to target high-grade mineralization, according to a Wednesday filing with the Australian bourse.
The company expects to complete the drilling in three months, with results expected in the December quarter, the filing said.
Shares of the company rose 10% in recent Wednesday trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.