Guest

Accelerate Resources Announces Second New Gold Discovery at Balagundi - Phase 2 Drilling Confirms High-Priority Target

Date/time : 2026-05-06 05:03 PM
Symbol :

AX8

Company : Accelerate Resources Ltd
Price : 0.007
Market cap : 4,300,000
O/S : 609,971,321
Exchange :

AU

Industry :

Industrial Metals

Full story

Accelerate Resources Limited discovered a second new gold trend at Balagundi through Phase 2 aircore drilling. The Spencers Prospect showed significant shallow gold intersections, validating their ground consolidation strategy. Assays included 28m @ 1.01g/t Au and 8m @ 1.42g/t Au. This sets up high-priority follow-up targets for further exploration.