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Adelong Gold Limited (ASX:ADG)

ALERT: Price-sensitive ASX Announcement for ADG
Current share price for ADG : $0.005 -0.005 (-50%)+
Announcement
Release
20 Nov 2025 8:33AM
Price at Release
$0.010
Full Release
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Summary
Adelong Gold Limited announced the completion of the first two diamond drillholes at the Lauriston Gold-Antimony Project, totaling approximately 444.6 meters. The drilling intersected zones of shearing and quartz-sulphide veining, consistent with the epizonal gold-antimony system at Lauriston. Visible gold was observed in drillhole AC2502, confirming the potential for significant mineralization. The results of these drillholes are part of a broader campaign targeting the Comet-Trojan corridor, adjacent to high-grade gold mining areas. Further drilling is underway, with a third hole planned as part of the systematic evaluation of the project's multi-kilometer strike potential. Results from ongoing sampling are expected by December 2025. The project is well-funded, with plans for additional exploration contingent on the assay outcomes.
Key Points
  • Completion of two diamond drillholes totaling 444.6 meters.
  • Intersection of shearing and quartz-sulphide veining.
  • Visible gold observed in AC2502.
  • Drilling part of a broader campaign targeting Comet-Trojan corridor.
  • Further drilling underway, third hole planned.
  • Sampling results expected by December 2025.
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.