Project UpdateJun 2, 2026, 08:07 AM
Austin Gold Advances Stockade Mountain Drill Targeting; Exits Kelly Creek
AI Summary
Austin Gold Corp. announced the finalization of its CSAMT survey interpretation at the Stockade Mountain Project, which successfully identified the known Opal Hill / Number 9 Vein system and revealed multiple new potential drill targets. The company also secured authorization to drill a water well to support future exploration. Additionally, Austin Gold terminated its interest in the Kelly Creek Project to streamline its portfolio and concentrate efforts on core assets.
Key Highlights
- CSAMT survey interpretation finalized for Stockade Mountain Project.
- Known Opal Hill / Number 9 Vein system associated with prominent resistivity high.
- Multiple new resistivity highs and structural contrast zones identified as potential drill targets.
- Received authorization to drill a water well for future exploration activities.
- Terminated interest in Kelly Creek Project to focus on core exploration assets.
Price Impact
More from AUST