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Australian Critical Minerals Limited (ASX:ACM)

ALERT: Price-sensitive ASX Announcement for ACM
Current share price for ACM : $0.042 -0.046 (-52.27%)+
Announcement
Release
6 Mar 2026 8:23AM
Price at Release
$0.088
Full Release
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Summary
Australian Critical Minerals Limited (ASX:ACM) has announced the appointment of SFP Drilling SAC to undertake its maiden diamond drilling program at the Flint High-Sulphidation Gold-Silver Project in Northern Peru. The drilling is set to commence in March 2026, with the Phase 1 program targeting the Northern HSE Gold-Silver Target Cluster over approximately 1,850 meters. This initiative is supported by comprehensive geophysical and geochemical data, highlighting the presence of a large-scale hydrothermal system across a four-kilometer strike length. The Flint Project is located in a prolific epithermal metallogenic belt, reinforcing its geological potential amidst rising gold and silver prices.
Key Points
  • SFP Drilling SAC appointed for maiden diamond drilling program at Flint Project.
  • Drilling to commence mid-March 2026.
  • The project targets a Northern High-Sulphidation Epithermal Gold-Silver system.
  • Phase 1 includes about 1,850 meters of drilling across four high priority drill holes.
  • Drilling is backed by geophysics, geochemistry, and alteration mapping.
  • Flint is located in a major epithermal metallogenic belt hosting significant gold and silver resources.
  • The geological setting is ideal for high-sulphidation systems.
  • The project benefits from supportive landowner agreements and all necessary regulatory approvals.
  • High gold and silver prices provide a favorable economic context for the project.
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.