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How AusQuest’s Cangallo Drilling Breakthrough Could Reshape Copper-Gold Prospects
9:04am on Wednesday 28th of January, 2026 AEDT
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Mining
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How AusQuest’s Cangallo Drilling Breakthrough Could Reshape Copper-Gold Prospects
9:04am on Wednesday 28th of January, 2026 AEDT
Key Points
Stage 3 drilling at Cangallo extends copper-gold mineralisation over 500m south and beyond 800m depth
Diamond drill-hole CANDD002 intersects 555m at 0.26% copper and 0.06g/t gold from near surface
$10 million placement completed to fund expanded drilling activities
Strategic Alliance Agreement with South32 extended to December 2027
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