Latest Australasian Metals (Asx:A8g) News

Australasian Metals Limited advances exploration at its May Queen Gold Project with promising geophysical survey results and plans for a significant drilling campaign, while maintaining a robust financial footing.

Australasian Metals has identified a significant silicified breccia zone linked to strong geophysical anomalies at its May Queen Gold Project, prompting plans for a substantial drilling campaign.

Australasian Metals Limited has reported encouraging progress at its Queensland gold and bauxite projects, highlighted by promising gold assays and elevated gallium grades, while maintaining a solid cash position of $3 million with no debt.

Australasian Metals Limited has identified significant chargeability anomalies at its May Queen Gold Project, suggesting promising sulphide mineralisation and supporting previous drilling results. The company plans targeted drilling to validate these new geophysical targets.

Australasian Metals Limited is streamlining its portfolio to concentrate on near-term exploration wins, launching a new IP survey at its promising May Queen gold project while exiting less viable ventures.

Australasian Metals Limited reports significant progress in its Dingo Hole Highly Pure Quartz and May Queen South Bauxite projects, including promising gallium assay results, supported by a solid cash position and recent capital raise.