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Australian Critical Minerals Limited (ASX:ACM)

ALERT: Price-sensitive ASX Announcement for ACM
Current share price for ACM : $0.041 -0.05 (-54.95%)+
Announcement
Release
4 Feb 2026 5:29PM
Price at Release
$0.091
Full Release
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Summary
Australian Critical Minerals Limited has conducted a comprehensive review of its Flint gold-silver project located in northern Peru. The project is situated in a prolific epithermal belt and spans 2,200 hectares. Recent NSAMT geophysics identified significant resistive targets indicative of a high-sulphidation epithermal system over a 4km strike length. An initial drilling program with high-priority targets is set to commence following the approval of necessary permits. The project, situated in a district with a long history of gold production, aims to leverage its exploration potential through a disciplined approach to operations and stakeholder engagement.
Key Points
  • Australian Critical Minerals Ltd (ACM) has completed a comprehensive technical review of its Flint gold-silver project.
  • The project is located 80 km east of Trujillo, Peru, in a prolific epithermal metallogenic belt.
  • NSAMT geophysics has identified a 4km strike length of resistive targets indicative of a high-sulphidation epithermal gold-silver system.
  • There are plans for an initial drilling program with four high-priority diamond drill holes totaling 1850 meters.
  • Permits have been approved, and funding is secured to commence drilling this quarter.
  • The Flint project covers 2,200 hectares and is within a district with a gold inventory and production history exceeding 50 Moz Au.
  • The technical review recommended drilling five holes in the northern half of the project.
  • The company's exploration strategy focuses on disciplined exploration and community engagement for sustained shareholder value.
  • The project exhibits significant geochemical anomalies, supporting the presence of a high-sulphidation epithermal deposit.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.