Adelong Gold Ltd (ASX:ADG) Commences Drilling at Lauriston Gold-Antimony Project
Highlights:
- Drilling has commenced at the Comet and Yankee/Trojan prospects within the Lauriston Gold and Antimony project
- Up to 3,000m of diamond drilling will follow up historic high-grade intercepts (8.0m at 104 g/t Au (incl. 2.0m at 413 g/t Au) in hole CRC07 (ASX 8 May 2025) at the Comet prospect, as well as test the Yankee/Trojan prospects
approximately 3km north of Comet - Drilling will target high-grade mineralisation associated with west-dipping faults associated with the Comet Anticline
- Structural setting analogous to Fosterville’s Swan Zone, with characteristic gold-antimony overprint
- Antimony (Sb) veining closely aligned with gold zones, consistent with epizonal Au-Sb systems like Costerfield and Fosterville1
- Funding in place to rapidly expand the program as required with first assays expected later in the December quarter
Overview:
Adelong Gold Limited (ASX:ADG) has advise that diamond drilling is set to commence imminently at the Comet and Yankee prospects within its 100%-owned Lauriston Gold-Antimony project.
Building on the recent high-grade gold and antimony sampling results at the Lauriston Gold Project (ASX Announcement 9 July 2025), the first systematic assaying that confirmed stibnite veining associated with gold mineralisation, the Company is preparing to commence its maiden drill program at Lauriston in early October.
This coordinated planning builds on Adelong’s strategy of advancing its Victorian gold portfolio through near-term exploration programs across multiple high-grade assets.
Adding to the momentum, recent assays from historic diamond drill hole CND03 (ASX Announcement 9 July 2025) have delivered highly encouraging results, including 0.89 metres @ 2.24% Sb and 1.00 g/t Au from 177.24 metres, with standout intercepts of 0.1 metres @ 10.3% Sb and 3.22 g/t Au, and 0.1 metres @ 4.95% Sb and 0.31 g/t Au. These high-grade antimony and gold values provide direct evidence of a fertile mineral system and reinforce the Company’s view that Lauriston has great potential for a significant discovery.
Lauriston also displays a suite of key characteristics shared with Costerfield, including structurally controlled, high-grade gold-antimony mineralisation hosted in Paleozoic sediments. Mineralisation at Lauriston is centred along the Comet Fault Zone and adjacent anticline, closely mirroring the brittle transpressional fault structures that control high-grade lodes at Costerfield. Importantly, Lauriston’s mineralisation is interpreted as epizonal in nature — a style associated with some of Victoria’s most profitable gold systems. The confirmation of stibnite veining and epizonal textures aligns strongly with the Costerfield model and significantly de-risks exploration targeting across the broader project area.
Next Steps
Drilling has commenced and is anticipated to take 2 to 3 months to complete. Core will be logged, sampled, and sent for priority assay, with first results anticipated later in the December quarter.
Depending on results, Adelong is prepared to expand the program beyond the initial 3,000m to further test extensions along strike and at depth. The Company also plans to follow up with mapping and geochemical sampling to refine additional targets across the broader Lauriston tenement package.
This staged approach will ensure systematic evaluation of the Comet and Yankee/Trojan prospects while generating regular news flow to the market.
Company Notes:
Adelong Gold’s Managing Director, Ian Holland, commented:
“Lauriston sits in a highly prospective part of Victoria that has seen limited modern exploration. Drilling at Comet and Yankee/Trojan will test more than 3km of strike, following up exceptional historic grades at Comet and advancing targets with the same structural setting seen at Fosterville1. It is a significant step in building value across our Victorian portfolio.”
Full ASX Announcement: https://hotcopper.com.au/threads/ann-drilling-commences-at-lauriston-gold-antimony-project-vic.8813902/