AGC Finds More Gold in Evergreen’s Historic Core

Historic Core Reveals New Evergreen Gold

Australian Gold and Copper Ltd (ASX:AGC) has found gold in parts of its Evergreen drilling archive that earlier explorers never assayed, turning old core into a low-cost source of fresh exploration results. The program has returned 3m at 2.0g/t gold from 99m in hole BRD018, including 1m at 4.2g/t, and 6m at 1.1g/t from 155m in BRD012, including 1m at 2.3g/t.

“Cross section 6313800N through oxide gold mineralisation in BRD012 (30m section) hosted in the Hillston Structure.”

“Plan view showing gold assays from this historic sampling program. Silver, copper, lead and zinc are not shown.”

Caption and image © Australian Gold and Copper Ltd. From “Historic Sampling Adds Gold Intercepts Across Evergreen”, 28 Oct 2026.

The BRD018 interval is in oxide material within the Hillston structure, while BRD012 was drilled about 300 metres south of AGC’s Evergreen drilling. Both intersections are downhole widths, and the company has not yet established their true widths.

Sampling Expands the Mineralised Corridor

“Historic BRD018 core showing the newly assayed oxide interval of 3m at 2.0g/t Au & 14g/t Ag from 99m, including 1m at 4.2g/t Au & 12g/t Ag from 100m.”

AGC said assays had now been received for 2,161 samples, including 1,171 half-core samples from previously uncut core and 663 one-metre RC samples that had not previously been sent to a laboratory. The work also included paired assays and overlapping intervals to test historic results and improve the project’s geochemical coverage.

“Plan view combining historic sampling results and previously reported gold results across the greater Evergreen corridor and the growth potential by the gaps in drilling which…”

The new data, combined with AGC’s recent drilling, supports an approximately 1.9km corridor running from Kelpie Hill through Evergreen and south beyond Windmill Dam. That emerging footprint builds on the company’s high-grade Evergreen discovery and its continuing effort to understand both the shallow oxide zone and the deeper polymetallic system.

More Drilling Data Still to Come

The assay program is not complete. AGC has identified additional historic core for sampling and expects to report further results as the material is re-logged, tested and incorporated into its geological interpretation.

“Plan view showing historic holes included in the sampling program. Sampled intervals are shown in light blue.”

Results are also pending from the 21-hole RC program targeting the Hillston structure. The company is seeking regulatory approvals for a further 3,000 metres of RC drilling at Evergreen, aimed at testing extensions to the shallow mineralised system. Those next results will be important in determining whether the new intercepts represent a coherent, drillable zone rather than isolated additions to a long but still early-stage exploration corridor.