There's a stack of ground work, and what we holders would...

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rusty388

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20/01/23

21:10

Post #: 65804410
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Originally posted by Alex2030: ↑

Does anyone know what Glen and the team are working on at the moment?

As far as I can see the last market announcement of any substance was from the AGM on the 25th November. I can't see any timeline or dates in there for activities. Prior to that it was the new Ootha project area announcement on 16th November. And prior to that the Grandview drill results from 10th October with no follow up dates.

The last quarterly activities report was 28th October, so I assume we are due for another update at the end of the month...

Forward Exploration Schedule
Cargelligo – South Cobar Project: A significant regional exploration program is underway
including mapping, soil sampling and rock chip sampling with the aim of further defining a
+50km trend of fertile stratigraphy (that includes the Achilles target) prospective for basemetals and gold.

Moorefield Project: The 15km Boxdale to Carlisle Reefs gold trend was defined by arsenic
anomalism in a 100m x 100m soil sampling grid using a handheld pXRF (AGC ASX 15
December 2021). This technique highlighted areas of potential gold mineralisation where
follow-up is warranted. For this deposit type, arsenic is considered a pathfinder for gold and
has been used successfully in the past by AGC geologists to target gold mineralisation. Further
geochemistry sampling will be completed in the coming quarter to infill gaps in this grid.

Gundagai Project: Drilling at the Grandview gold target yielded significant results and as such
warrants follow up drilling. The Gundagai district has experienced extensive wet weather and
further work will be conducted once ground conditions improve.

Expand

There's a stack of ground work, and what we holders would call 'the boring stuff' going on behind the scenes this quarter.

One positive is that the ground has dried out quicker than expected after the flooding so I dare say that may benefit us slightly. The guys can get on the ground and continue their geo stuff.

Quarterly report coming soon will probably shed more light on this, I would assume.

Good to see a stronger buy side at the moment and someone slowly accumulating some shares.

AGC Price at posting: 6.5¢ Sentiment: Buy Disclosure: Held
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There's a stack of ground work, and what we holders would...

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There&apos;s a stack of ground work, and what we holders would...

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There's a stack of ground work, and what we holders would...