Adelong Gold Limited reports visible gold in its second diamond drill hole at the Lauriston Gold-Antimony Project, with assays pending and a third hole underway to explore a promising structural corridor.
- Visible gold observed in second diamond drill hole AC2502
- Two holes completed totaling 444.6 metres with high-grade gold-antimony signatures
- Third drill hole initiated as a 100-metre step-out along Comet-Trojan corridor
- Assay results expected before end of December 2025
- Drilling program fully funded and planned to continue into early 2026
Exploration Update at Lauriston
Adelong Gold Limited (ASX – ADG) has provided a significant update on its ongoing diamond drilling campaign at the Lauriston Gold-Antimony Project in Victoria. The company has completed two diamond drillholes totaling approximately 444.6 metres, intersecting multiple zones of shearing, quartz veining, and sulphide mineralisation consistent with a high-grade gold-antimony system. Notably, visible gold was observed in the second hole, AC2502, within a structurally complex interval, marking an encouraging milestone for the project.
Visible Gold – A Positive Geological Signal
The presence of visible gold, though a visual observation pending assay confirmation, validates historic exploration results and reinforces the prospectivity of the Lauriston system. The gold grains, typically less than 0.5 millimetres, were found alongside arsenopyrite and pyrite within brecciated quartz veins. This mineral assemblage aligns with the epizonal gold-antimony environment that Adelong Gold is targeting, similar in geological style to nearby high-grade deposits such as Fosterville and Costerfield.
Expanding the Drill Program
Following the encouraging results from the first two holes, the company has commenced drilling a third hole, AC2503, positioned approximately 100 metres north along the Comet-Trojan structural corridor. This corridor extends over three kilometres and remains underexplored, offering substantial potential for further high-grade discoveries. The drilling program is fully funded and slated to continue into early 2026, with the flexibility to expand based on ongoing geological assessments and assay outcomes.
Compliance and Reporting Enhancements
In line with ASX Compliance Update 04/23, Adelong Gold has amended its previous announcement to include detailed descriptions of the mineral occurrence, mineral identification, estimated mineral abundances, and cautionary statements regarding the visual gold observations. The company also clarified that sampling is underway, with drill core securely stored pending dispatch for analysis. Assay results are anticipated before the end of December 2025, which will provide critical data to assess the grade and continuity of mineralisation.
Strategic Positioning and Future Outlook
Lauriston represents a strategic addition to Adelong Gold’s portfolio, acquired in 2025, and is situated adjacent to the prolific Fosterville Mine. The project’s structural setting and mineralisation style offer compelling exploration upside. Alongside Lauriston, Adelong Gold is advancing other Victorian assets, including the Apollo Gold and Antimony Project, and maintains a diversified portfolio with lithium interests in Brazil and a gold resource in New South Wales. The current drilling results at Lauriston will be closely watched as they could materially influence the company’s valuation and exploration strategy moving forward.
Bottom Line?
As assays approach, Adelong Gold’s Lauriston drilling could unlock a new chapter in high-grade gold-antimony exploration.
Questions in the middle?
- What will the assay results reveal about the grade and continuity of the visible gold zones?
- How might the third hole and subsequent drilling reshape the understanding of the Comet-Trojan corridor’s potential?
- Could Lauriston’s mineralisation rival nearby high-grade deposits, and what impact would that have on Adelong Gold’s growth trajectory?