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AusQuest Confirms IOCG Discovery Potential in Peru with Initial Drill Results at Playa Kali

Date/time : 2026-07-07 05:21 PM
Symbol :

AQD

Company : AUSQUEST FPO [AQD]
Price : 0.042
Market cap : 34,700,000
O/S : 825,149,223
Exchange :

AU

Industry :

Industrial Metals

Full story

AusQuest discovered anomalous copper assays from initial drilling at Playa Kali, Peru, indicating potential for widespread IOCG systems under cover. Significant results include 12m @ 0.2% Cu, 10m @ 0.37% Cu, and 4m @ 617ppm Mo. Next steps involve reassessing geochemistry and magnetic modelling for further drilling.