Adelong Gold has reported high-grade gold intersections at Comet and initial antimony results from New Trojan at the Lauriston Project.
Adelong Gold has extended gold in soil anomalism by 200 m south at its Apollo Gold Antimony Project in Victoria, with a peak assay of 259 ppb Au confirming continuity beyond historic workings.
Adelong Gold has agreed to sell its remaining 49% interest in Challenger Mines Pty Ltd to Great Divide Mining in a transaction valued at ~$3.1m while retaining a 1% NSR royalty over future gold production at the Challenger Gold Project in New South Wales.
Adelong Gold has recorded visible gold in its second diamond drillhole at the Lauriston Gold and Antimony Project in Victoria, with assays pending.
Adelong Gold (ASX:ADG) has commenced regional soil sampling across its Apollo Gold Project in Victoria, expanding its exploration footprint along the highly prospective Strathbogie Granite contact.
Adelong Gold (ASX:ADG) has confirmed broad zones of gold mineralisation at its Apollo Project in Victoria, laying the groundwork for an initial resource model.
Adelong Gold (ASX:ADG) has secured $1.25 million in strategic backing from Nova Minerals (ASX:NVA), accelerating drilling plans at its Apollo and Lauriston gold–antimony projects.
Adelong Gold Managing Director Ian Holland says the discovery of high-grade antimony alongside gold at the Lauriston Project highlights the potential for a multi-commodity development, drawing on key geological similarities to Victoria’s world class gold-antimony systems.
Adelong Gold is set to unlock the potential of its Apollo Project in Victoria, launching a focused drill campaign targeting high-grade extensions within a proven gold belt.
Adelong Gold’s partnership with Great Divide Mining fast-tracks the Adelong Project towards gold production, leveraging external expertise while retaining upside with minimal financial risk.