ACDC Metals has reported promising surface assays from its Mount Jackson project in Nevada, with gold grades up to 2.35 g/t and copper reaching 14.9% at key zones. The company is advancing towards a maiden drilling program in Q4 2026 backed by ongoing capital raising.
- Surface rock chip samples confirm gold and copper mineralisation
- Pegasus Zone samples up to 2.35 g/t gold
- 3 Shaft Zone shows 14.9% copper with associated gold
- Airborne geophysics data received, interpretation underway
- Maiden drilling planned for Q4 2026 with rights issue support
Initial Assays Validate Gold and Copper Prospects
ACDC Metals (ASX:ADC) has confirmed encouraging gold and copper mineralisation from surface rock chip samples at its Mount Jackson project in Nevada’s Walker Lane, a prolific mining corridor. The standout assay came from the Pegasus Zone, where a sample returned 2.35 grams per tonne (g/t) gold, while the 3 Shaft Zone yielded a remarkable 14.9% copper alongside 0.16 g/t gold. These results validate historical indications and provide fresh targets for exploration.
Strategic Sampling and Geophysical Integration
The April 2026 sampling program was broad, targeting historical workings and outcrops to independently verify prior mineralisation. The Pegasus Zone, earmarked as a priority, showed consistent gold grades across multiple samples, confirming mineralisation at surface. Meanwhile, the 3 Shaft Zone’s copper-rich sample represents a new focus area within the project. Complementing these findings, ACDC Metals has received airborne magnetic and radiometric survey data, with interpretation underway to refine drill targets.
Advancing Towards Drilling with Solid Capital Support
CEO Tom Davidson highlighted the swift progress since acquiring Mount Jackson, emphasising the company’s confidence in the project’s prospectivity. With a $1.56 million 1-for-3 rights issue well supported by shareholders and existing cash reserves of A$1.73 million, ACDC Metals is positioned to execute an extensive exploration program. This includes expanded surface sampling in Q3 2026 and a maiden drilling campaign planned for Q4 2026, aiming to test the newly delineated targets.
Project Context and Historical Exploration
Mount Jackson lies within the Walker Lane Belt, a major structural zone known for hosting epithermal gold-silver deposits. Previous exploration by Pegasus Gold and First American Silver included drilling programs between 1987 and 2011, revealing significant mineralisation. ACDC Metals’ recent activities build on this foundation, tripling the project’s footprint earlier this year and integrating modern geophysical and geochemical techniques to enhance targeting precision.
Next Steps in Exploration and Market Watchpoints
Looking ahead, the company plans detailed geological and structural mapping alongside multi-element geochemical sampling to better understand controls on mineralisation. The ongoing interpretation of airborne geophysical data will feed into priority target generation for drill testing. Investors will be watching closely for the results of the maiden drilling program in Q4 2026, which will be pivotal in assessing the project’s potential to host economic mineral resources.
Bottom Line?
ACDC Metals’ surface assays and geophysical data set the stage for a critical drilling phase at Mount Jackson, with capital raising underpinning the exploration push.
Questions in the middle?
- Will the maiden drilling confirm extensions of high-grade gold and copper mineralisation?
- How will the airborne geophysics interpretation refine the targeting strategy across the expanded project area?
- What impact will the rights issue have on the company’s ability to sustain exploration momentum beyond 2026?