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Australian Critical Minerals Limited (ASX:ACM)

ALERT: Price-sensitive ASX Announcement for ACM
Current share price for ACM : $0.037 -0.022 (-37.29%)+
Announcement
Release
25 Mar 2026 9:39AM
Price at Release
$0.059
Full Release
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Summary
Australian Critical Minerals Limited (ACM) is set to commence a maiden drilling campaign at the Flint Gold-Silver Project on March 31, 2026. The project is located within a significant hydrothermal system in a well-endowed epithermal-porphyry metallogenic belt. The drilling aims to systematically test high-impact gold-silver targets across a 4 km corridor that potentially hosts two high-sulphidation epithermal systems. The campaign is supported by extensive historical geochemical, IP and NSAMT geophysics data. Initial drilling will focus on zones showing strong alteration and geophysical responses, indicative of key fluid pathways. The construction of access and drill platforms is nearing completion, which has exposed significant hydrothermal alteration, validating the geological model. The company is mobilizing its drilling contractor, SFP Drilling SAC, to the site by March 28, 2026, ensuring the readiness for an efficient drilling operation.
Key Points
  • Drilling at Flint Gold-Silver Project to start on March 31, 2026
  • The project involves a 4 km hydrothermal system with potential epithermal gold-silver systems
  • Historical geochemistry, IP, and NSAMT geophysics data support the exploration
  • Initial holes to target key fluid pathways within the system
  • Drill platform construction has revealed new geological insights
  • Mobilization of SFP Drilling SAC to the site on March 28, 2026
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.