ACDC Metals has begun field work at its Mount Jackson project in Nevada, with geophysics and civil works now underway ahead of a planned maiden drill campaign. The company expects to complete a 12 line-kilometre CSAMT survey and begin up to 2,500 metres of reverse circulation drilling in the fourth quarter of 2026.
- 12 line-kilometre CSAMT survey underway across Pegasus and 3 Shaft
- Civil works started for access tracks and drill pads
- Up to 2,500 metres of RC drilling planned across 15 permitted holes
- Historic Pegasus results include 25 metres at 2.14 g/t gold
- Drill locations will be refined after CSAMT interpretation
Mount Jackson Field Work Begins
ACDC Metals Limited (ASX:ADC) has moved its Mount Jackson gold-silver project from planning into on-ground execution, commencing geophysical surveying and site preparation in Nevada. The company is targeting a maiden reverse circulation drilling program of up to 2,500 metres in the fourth quarter of 2026, subject to final target selection and operational timing.
The first workstream is a 12 line-kilometre Controlled Source Audio Magnetotellurics survey across the Pegasus gold-silver zone and the 3 Shaft copper target. KLM Geoscience has been engaged for the survey, which is expected to finish in November and will be used to refine drill-hole designs generated from earlier aeromagnetic and radiometric work. The program follows Mount Jackson drilling approval, which provided BLM approval for a 15-hole campaign and the associated field activity.
Two Zones Set for Maiden Drilling
At Pegasus, the planned holes will test the extensions of historical gold-silver mineralisation. At 3 Shaft, ACDC intends to drill two maiden holes near historic shafts, testing a target that has also produced a recent rock-chip sample grading 14.9% copper. Fifteen holes are permitted in total, giving the geological team flexibility to prioritise targets after the CSAMT results are interpreted.
ACDC has also started upgrading existing access roads and preparing drill pads at both zones. The civil works began in the week of 2 November and are targeted for completion during November. The campaign builds on the maiden drilling contract, which set out the planned 2,500-metre RC program and positioned geophysics ahead of drilling.
Historic Grades Still Need Modern Confirmation
The exploration case rests partly on legacy drilling, including a reported 25-metre interval at 2.14 grams per tonne gold from historic hole PC-34A. The announcement also recalculates the historical results in grams per metric tonne rather than the short-ton basis used in the April release. Those figures remain historical exploration data: the company says supporting information is limited, true widths are not known, and ACDC has not yet completed its own drilling.
That makes the next sequence more important than the current earthworks. CSAMT interpretation should determine which of the 15 permitted holes receive priority, while the drilling itself will need to establish whether the historical mineralisation is continuous, extended and representative of a mineralised system. The company cautions that its exploration targets are conceptual and that there is no certainty the planned work will result in a mineral resource discovery.
Bottom Line?
The near-term test is execution: complete the November survey and site works, then turn historical indications into ACDC-generated drill results before the quarter closes.
Questions in the middle?
- Will the CSAMT survey materially change the priority or location of the permitted holes?
- Can the maiden drilling confirm the historical Pegasus grades and establish meaningful true widths?
- Will drilling at 3 Shaft demonstrate copper mineralisation beyond the reported surface sample?