AusQuest Confirms IOCG Discovery Potential in Peru with Initial Drill Results at Playa Kali
| Date/time : | 2026-07-07 05:21 PM |
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| Symbol : | |
| Company : | AUSQUEST FPO [AQD] |
| Price : | 0.042 |
| Market cap : | 34,700,000 |
| O/S : | 825,149,223 |
| Exchange : | |
| Industry : |
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.