How Far Can Austin Metals Extend High-Grade Gold at Mt Sandy?

Austin Metals has reported significant high-grade gold intercepts from recent drilling at its Mt Sandy prospect, extending the known mineralised strike length to approximately 1 kilometre and revealing promising exploration upside.

  • New drilling results confirm multiple high-grade gold intercepts at shallow depths
  • Strike length of mineralisation extended from 550m to 1km and remains open
  • Soil geochemistry suggests a larger 5km by 2km gold anomaly yet to be tested
  • Project strategically located near established gold mines and advanced exploration projects
  • Further drilling and systematic exploration planned to expand mineralisation
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Significant New Gold Intercepts at Mt Sandy

Austin Metals Limited (ASX – AYT) has delivered encouraging assay results from its July 2025 reverse circulation (RC) drilling campaign at the Mt Sandy prospect, part of the broader Austin Gold Project in Western Australia’s Murchison greenstone belt. The drilling returned multiple significant gold intercepts at relatively shallow depths, including standout hits such as 5.0 metres at 4.4 grams per tonne (g/t) gold and a high-grade 1.0 metre interval grading 10.7 g/t Au.

Extending the Mineralised Strike Length

These results have effectively doubled the strike length of drill-defined mineralisation at Mt Sandy from approximately 550 metres to around 1 kilometre, with the mineralised zone remaining open in all directions. The mineralisation is hosted primarily within deformed intermediate volcanic rocks and structurally controlled along sheared contacts, typical of Archean orogenic gold systems. Quartz-carbonate veining and disseminated sulphides such as pyrite and pyrrhotite accompany the gold mineralisation, indicating a robust geological setting.

Broader Exploration Potential

Beyond the immediate drilling area, soil geochemical surveys have identified a substantial gold anomaly extending approximately 5 kilometres in strike and up to 2 kilometres wide to the northeast of Mt Sandy. This larger target area remains largely untested by drilling, presenting a compelling opportunity for Austin Metals to uncover additional mineralisation. The project’s location is strategically advantageous, situated near several operating gold mines and advanced exploration projects, including Caprice Resources’ Island Project and Musgrave Minerals’ Break of Day Deposit.

Next Steps in Exploration

Austin Metals plans to continue its systematic exploration program with further RC drilling aimed at extending the high-grade zones at Mt Sandy and testing newly identified mineralisation trends. Complementary ground geophysics and geochemical surveys will support the generation of additional drill targets across the Austin Gold Project tenements. The company also intends to evaluate targets along the western tenement boundary, which lie along strike from recent positive results at the Island Project.

Strategic Implications

The latest drilling results reinforce the Austin Gold Project’s potential to host a substantial gold system in a prolific gold province. While true widths of mineralisation have yet to be fully verified, the continuity and grade of the intercepts provide a solid foundation for resource definition work. The proximity to established infrastructure and neighbouring projects further enhances the project’s attractiveness for future development or partnership opportunities.

Bottom Line?

Austin Metals’ expanding high-grade gold footprint at Mt Sandy sets the stage for a potentially significant resource upgrade in the months ahead.

Questions in the middle?

  • What will upcoming drilling reveal about the true thickness and continuity of the mineralised zones?
  • How will Austin Metals prioritise targets within the large untested soil anomaly northeast of Mt Sandy?
  • When can investors expect an updated resource estimate reflecting these new high-grade intercepts?