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Austral Resources Australia Ltd Strikes High-Grade Copper at Snow Queen Prospect

Date/time : 2026-05-05 05:25 PM
Symbol :

AR1

Company : Austral Resources Australia Ltd
Price : 0.160
Market cap : 84,300,000
O/S : 527,165,826
Exchange :

AU

Industry :

Copper

Full story

Austral Resources Australia Ltd discovered high-grade copper mineralization at the Snow Queen Prospect, with an intercept of 10m @ 7.52% Cu. Further assays are pending for other elements such as gold and silver. This discovery supports the company's strategy of building regional scale around existing infrastructure.