Highlights

ACDC has started a Controlled Source Audio Magnetotellurics geophysical survey to refine the positions of prospective drill holes.

The permitted campaign totals 2,500 metres and will test extensions of gold-silver mineralisation at the Pegasus Zone while drilling the 3 Shaft Zone for the first time.

ACDC Metals received a Bureau of Land Management environmental permit to drill, reported on 1 October 2026.

Mount Jackson sits in Walker Lane, a region with a long history of gold and silver production.

Explorer ACDC Metals Limited (ASX:ADC) is preparing its first drill campaign at Mount Jackson in Nevada’s Walker Lane mineral belt. The project hosts historical gold-silver workings and exploration information that the company intends to test with modern surveying and drilling. Site preparations have begun after receipt of an environmental drilling permit, shifting the focus from target definition toward drill-ready locations.

Survey Work Refines the Targets

ACDC has started a Controlled Source Audio Magnetotellurics geophysical survey to refine the positions of prospective drill holes. The work builds on an aeromagnetic and radiometric survey reported in July 2026. It is intended to improve understanding of the subsurface ahead of the maiden drilling program rather than directly measure gold or silver grades. The field program also includes construction work for drill pads and access tracks.

Two Zones Form the Drill Program

The permitted campaign totals 2,500 metres and will test extensions of gold-silver mineralisation at the Pegasus Zone while drilling the 3 Shaft Zone for the first time. Historic work at Pegasus included hole PC-34A, with 25 metres at 2.14 grams per tonne gold. At 3 Shaft, the company highlighted a recent rock sample returning 14.9% copper. Historical drill intercepts and surface samples require drilling follow-up before broader mineralisation can be established.

Permitting Removes One Preparatory Step

The company received a Bureau of Land Management environmental permit to drill, reported on 1 October 2026. The permit supports the proposed drilling program; it does not demonstrate economic mineralisation or represent permission for mine development. Civil works and the geophysical program are being conducted in preparation for drilling. The eventual start of drilling depends on completion of the remaining preparatory activities.

Exploration Results Remain the Test

Mount Jackson sits in Walker Lane, a region with a long history of gold and silver production. ACDC’s immediate aim is to test extensions of known zones, investigate a previously undrilled target and validate its geological interpretation. Survey results will inform final collar positioning. The outcome will depend on drilling and assays, and the current fieldwork update does not contain new drill results or a mineral resource estimate for Mount Jackson.