Australian Gold and Copper Reports High-Grade Silver–Gold Drill Results at Achilles Deposit: Insights and Future Outlook
In a recent talk with MiningNews.Net, Glen Diemar, the managing director of Australian Gold and Copper, spoke clearly about work at the Achilles deposit. He reported that deep drill holes produced high silver and gold numbers. This news adds support to the idea that more metals lie in South Cobar in New South Wales, Australia.
The Achilles deposit sits at the heart of the firm’s work plan. Deep drilling shows short spans of high-grade silver and gold. Mr. Diemar stressed that each test ties closely to a large metal system. He said extra tests may find more parts of the resource.
The company will keep drill work to map the full deposit. New resource estimates will soon be shared. Studies on mine costs will then shape the next steps. Mr. Diemar sees growing market interest in silver and gold as a strong call for more investor care.
The firm is listed on the Australian Securities Exchange (ASX: AGC) with a market cap of about A$78 million as of late January 2026. Key investors such as GeoZen Resources and New South Resources hold a major share of the stock. The company takes part in MiningNews Select Sydney 2026, where progress in drill work and new mining methods is on full display.
Success at Achilles fits trends in mining work today. The firm uses drill tests and mapping methods to find value in new spots. High-grade silver and gold always draw in tests and funding. Work at Achilles may well alter how the region in New South Wales is seen in the global market.
For those who track metal finds, the work at Achilles gives a clear sign of steady resource growth through close word links and drilled efforts. Australian Gold and Copper builds its picture of resource potential with high-grade tests and a steady plan of work.
