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Australian Gold and Copper announced on 28 October that it had received assays for 2,161 samples from historical drill core and reverse circulation material across the greater Evergreen area in New South Wales. The work tested intervals that had not previously been sampled, providing additional information without drilling new holes for those particular samples.
Together with recent drilling, the company said the results identify gold mineralisation at locations along an approximately 1.9-kilometre corridor from Kelpie Hill through Evergreen and south beyond Windmill Dam. This is an exploration corridor containing separate sample locations, rather than a demonstrated continuous mineral resource.
Historical hole BRD018 returned three metres at 2.0 grams of gold per tonne from 99 metres, including one metre at 4.2 g/t from 100 metres in the Hillston structure. BRD012, approximately 300 metres south of the company’s Evergreen drilling, returned six metres at 1.1 g/t from 155 metres, including one metre at 2.3 g/t from 157 metres.
Further historical material has been identified for sampling and the programme continues. Additional assays are pending from a recent 21-hole reverse circulation campaign, while regulatory approvals are being sought for another 3,000 metres of drilling. The new assays improve the geological evidence base, but broader continuity and a development case remain matters for further investigation.