Adelong Gold has updated its Lauriston Project drilling progress, revealing visible gold in drillhole AC2502 and confirming assay results for six Comet prospect holes are expected in Q1 2026. Drilling has also commenced at the nearby Yankee-Trojan prospect, maintaining momentum in this promising Victorian gold-antimony system.
- Six diamond drillholes completed at Comet prospect, totaling 1,481.6m
- Visible gold observed in drillhole AC2502 within Comet Shear zone
- Assay results for Comet drillholes anticipated in Q1 2026 amid lab delays
- Drilling commenced at Yankee-Trojan prospect, 3km north of Comet
- Program fully funded with plans for deeper and step-out drilling
Drilling Update at Lauriston Gold-Antimony Project
Adelong Gold Limited has provided an important update on its ongoing diamond drilling program at the Lauriston Gold-Antimony Project in Victoria. The company has completed six drillholes at the Comet prospect, intersecting the key mineralised Comet Shear structure in every hole. This structural feature is accompanied by arsenic-rich halos, a hallmark of the epizonal gold-antimony systems that have produced significant discoveries in the region.
Visual observations from drillhole AC2502 have revealed visible gold grains within quartz veins and associated sulphide minerals such as arsenopyrite, pyrite, and stibnite. While these visual estimates are qualitative and not a substitute for laboratory assays, they provide encouraging early signs of mineralisation consistent with the style seen at major Victorian gold deposits.
Assay Results and Laboratory Delays
Adelong Gold cautions that assay results for the six Comet drillholes are still pending, with laboratory processing delays pushing expected receipt into the first quarter of 2026. The company has updated its disclosures to include detailed descriptions of the mineralisation observed and has expanded its JORC Code reporting accordingly. Despite the wait, the drilling results so far confirm the presence of a significant mineralised system warranting further exploration.
Expansion to Yankee-Trojan Prospect
Drilling has now commenced at the Yankee-Trojan prospect, located approximately three kilometres north along strike from Comet. This move signals Adelong’s intent to systematically explore the broader structural corridor that hosts these prospects. The program remains fully funded, with plans to extend drilling deeper and along strike pending assay outcomes and geological interpretation.
Geological Context and Exploration Potential
The Lauriston Project lies within a highly prospective geological setting near the renowned Fosterville Mine. The mineralisation style, structural controls, and geochemical signatures observed at Comet bear strong parallels to other major Victorian gold-antimony systems, including Fosterville and Costerfield. While these analogies do not guarantee similar results, they underscore the potential for a significant discovery in this underexplored region.
Adelong’s Managing Director Ian Holland emphasised the positive technical progress, noting that every hole has intersected the target structure with well-developed arsenic halos. The company is poised to follow up with deeper drilling to test the system’s full potential once assay data is available.
Next Steps and Outlook
Beyond the current drilling, Adelong plans to undertake further field mapping and surface geochemical sampling to refine targets along the multi-kilometre structural corridor. The company is prepared to expand the program with additional step-out and deeper holes, subject to ongoing geological assessment. This methodical approach aims to unlock the broader potential of the Lauriston Project and advance the company’s position in Victoria’s gold exploration landscape.
Bottom Line?
As assay results loom, Adelong Gold’s Lauriston drilling sets the stage for a potentially significant epizonal gold discovery.
Questions in the middle?
- What will the assay results reveal about the grade and extent of gold mineralisation at Comet?
- How will drilling at Yankee-Trojan complement or extend the known mineralised system?
- Could deeper drilling unlock higher-grade zones similar to those at Fosterville or Costerfield?