THE CONFERENCE CALLER: Australian Gold & Copper (ASX: AGC) managing director Glen Diemar talks up the company’s Cobar silver aspirations with Wally Graham at the 2025 RIU Explorers Conference.
THE DRILL SERGEANT: Australian Gold and Copper (ASX: AGC) recently completed an IP geophysical survey on the Hilltop target within the company’s South Cobar project in New South Wales.
Australian Gold and Copper had previously identified Hilltop as a high-priority base-metal gold target via target generation and regional reconnaissance programs that were followed-up by soil and rock chip sampling.
The company carried out an eight square kilometre gradient array induced polarisation (IP) survey, along with a dipole-dipole survey line, which it declared to have confirmed the presence of a strong chargeability anomaly at the Hilltop target.
This new IP anomaly adds to Achilles IP targets AGC had announced 20km to the north which had defined two compelling drill targets.
“This Hilltop chargeability anomaly is as clear a drill target as I have seen,” Australian Gold and Copper managing director Glen Diemar said in the company’s ASX announcement.
“It is a Federation look-a-like, with the shallow and high amplitude geophysics neatly coinciding with soil and rock chip geochemistry.
“The new rock chip results also add to this growing story.
“We are bringing massive discovery potential of the Cobar Basin southward.
“With the two exceptional Achilles IP targets, this one at Hilltop and a third IP survey underway at Planet, AGC’s forward path is very clear.”
TO READ THE FULL ANNOUNCEMENT: CLICK HERE
