Augustus Minerals Intersects 71m at 0.50g/t Gold in Clifton East Scissor Hole MWRC0025

Sonal Goyal

11 November 2026 12:32 PM AEDT

Augustus Minerals Intersects 71m at 0.50g/t Gold in Clifton East Scissor Hole MWRC0025

Image Source: Krish Capital Pty Ltd

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Augustus Minerals (ASX:AUG) has reported assay results from the first five RC holes drilled at the Clifton East prospect within its Music Well Gold Project, with scissor hole MWRC0025 intersecting 71 metres at 0.50 grams per tonne gold from 15 metres, including 13 metres at 1.05 grams per tonne gold from 22 metres, confirming a northwest dip to the gold-bearing zones.

Key Points

Scissor hole MWRC0025 returned 71m at 0.50g/t gold (15–86m), including 13m at 1.05g/t gold (22–35m), remaining within the mineralised zone for 71 metres
Assays from the first five RC holes (686m) confirm gold-bearing zones at Clifton East dip moderately to the northwest
MWRC0026 and MWRC0027, drilled 80m to the northeast, intersected only low-grade mineralisation, interpreted to have drilled down dip between the lodes
The rig has moved to St Patrick's Well, where five RC holes are planned to test beneath rock chip assays of up to 30.4g/t gold over 600 metres of strike
Assays from the St Patrick's Well program are expected in early to mid-December

Clifton East Scissor Hole Results and Mineralisation Dip

MWRC0025 was drilled in the opposite direction to previous hole MWRC0010, which had returned 34 metres at 0.83 grams per tonne gold. The scissor hole tracked within the mineralised zone for 71 metres, returning 71m at 0.50g/t gold and 1.33g/t silver from 15 to 86 metres, with a higher-grade interval of 13m at 1.05g/t gold from 22 to 35 metres. A secondary interval of 19m at 0.25g/t gold was recorded from 89 to 108 metres. These results, according to the filing, confirmed a general northwesterly dip of the mineralised zones at Clifton East, providing directional guidance for future drilling.

Adjacent Holes MWRC0026 and MWRC0027 at Clifton East

Holes MWRC0026 and MWRC0027 were drilled 80 metres to the northeast of MWRC0025 and returned only low-grade mineralisation. The filing states these holes are interpreted to have missed the main mineralisation by drilling down dip between the lodes. Best results from MWRC0027 included 9 metres at 0.28g/t gold from 9 to 18 metres, including 1 metre at 1.04g/t gold. One additional RC hole has been drilled at Clifton East with results still awaited. Follow-up drilling is planned to target extensions to two higher-grade shoots within a 540 metre by 240 metre area defined by existing drilling.

St Patrick's Well Drilling Commenced

The rig has moved to the St Patrick's Well prospect, located on the same major shear zone that hosts Clifton East mineralisation and the nearby Celtic gold mine. Rock chip sampling at St Patrick's Well has previously returned assays of 30.4g/t gold, 21.7g/t gold, and 20.4g/t gold over 600 metres of strike. Five RC holes are planned at the prospect. The Music Well Gold Project covers 1,242 square kilometres located 35 kilometres north of Leonora in the Leonora–Laverton Greenstone Belt of Western Australia. The company also disclosed it will continue to advance targets including Black Cat East and Teutonic East.

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