What Are Australian Gold and Copper (ASX:AGC), ROX Resources (ASX:RXL), and Maritana Minerals (ASX:MRT) Reporting from Their Latest Drill Programs?

Sonal Goyal

05 November 2026 06:37 PM AEDT

What Are Australian Gold and Copper (ASX:AGC), ROX Resources (ASX:RXL), and Maritana Minerals (ASX:MRT) Reporting from Their Latest Drill Programs?

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Key Highlights

• Australian Gold and Copper (ASX:AGC) reported 16m at 5.1g/t Au from 61m at Evergreen, including 4m at 17.5g/t Au from 72m, as it builds its resource base in the South Cobar Basin.

• ROX Resources (ASX:RXL) announced first resource conversion drilling results at Youanmi Deeps, with intercepts including 4.87m at 15.13g/t Au from 584m.

• Maritana Minerals (ASX:MRT) reported final Boorara drill results including 20m at 7.77g/t Au from 100m, supporting resource confidence ahead of planned Mining in mid-2027.

• All three companies released exploration updates on 5 November 2026, showcasing active drill programs across New South Wales and Western Australia.

Gold exploration on the ASX continues to deliver attention-grabbing drill results, with three junior to mid-cap companies each reporting intercepts from their respective projects on 5 November 2026. Australian Gold and Copper(ASX:AGC), ROX Resources(ASX:RXL), and Maritana Minerals(ASX:MRT) are all advancing gold projects at different stages of development, from early-stage discovery to pre-production resource conversion.

AGC Extends High-Grade Gold at Evergreen

Australian Gold and Copper(ASX:AGC) announced exceptional shallow high-grade gold results at its Evergreen prospect on 5 November 2026. The headline intercept was 16m at 5.1g/t Au from 61m, including 4m at 17.5g/t Au from 72m. AGC is building toward what it describes as the largest undeveloped precious and base-metal mineral resource base in the South Cobar Basin, New South Wales, across its 2,600 square kilometre landholding. The company's Achilles discovery, made in 2024, hosts an initial 38.5 million ounce silver equivalent resource with 58% in the Indicated category. Ongoing drilling has been delivering results at both Achilles and at the Browns-Evergreen prospect, acquired in 2025, which represents a second resource opportunity located approximately 30km from Achilles.

RXL Reports Deep High-Grade Gold at Youanmi

ROX Resources(ASX:RXL) released first results from its resource conversion and growth drilling program at the Youanmi gold project on 5 November 2026. The drilling targeted Youanmi Deeps, with results confirming mineralisation continuity below the existing resource and highlighting further potential to extend the high-grade gold system at depth. Key intercepts included 4.87m at 15.13g/t Au from 584.13m in hole RXDD241, which contained a higher-grade interval of 1.78m at 32.98g/t Au from 586.12m. An additional intercept of 3.16m at 3.78g/t Au from 448.20m was returned in hole RXDD240. The results underscore the potential for the Youanmi deposit to grow both in terms of resource confidence and total contained ounces at depth.

MRT Final Boorara Results Support Mining Timeline

Maritana Minerals(ASX:MRT) announced the final reverse circulation drill results from its Boorara Gold Project on 5 November 2026. Located 17km east of Kalgoorlie-Boulder in the Western Australian Goldfields, the 100%-owned Boorara project returned results that increased resource confidence and extended gold mineralisation below the floor of the planned southern open pit. The headline result was 20m at 7.77g/t Au from 100m in hole BOORD260054, including 2m at 54.04g/t Au from 114m. The Boorara drilling forms part of an approximately 60,000m resource conversion campaign across multiple deposits. Mining at the southern open pit is scheduled to commence in mid-2027, making these infill results directly relevant to mine planning and resource estimation ahead of that timeline.

Sector Context

The gold sector remains one of the most active areas of exploration on the ASX, with the gold price continuing to attract Capital into both established and early-stage projects. All three companies are operating in well-known Australian gold provinces — the South Cobar Basin, the Youanmi district, and the Eastern Goldfields — each with distinct geological characteristics and varying infrastructure access. The depth of RXL's intercepts at Youanmi and the near-surface hits at AGC's Evergreen and MRT's Boorara demonstrate the range of exploration approaches being pursued across the sector.

The Bigger Picture

Australian Gold and Copper, ROX Resources, and Maritana Minerals are each progressing gold projects through resource delineation and conversion drilling. AGC is in the discovery and growth phase in the Cobar Basin, RXL is testing depth extensions at an established deposit, and MRT is confirming resources ahead of near-term mine development. The quality of the intercepts reported on 5 November 2026 adds to the broader narrative of continued exploration activity across Australia's gold-endowed geological provinces.

FAQs

Q: What was the headline drill result at AGC's Evergreen prospect?

A: AGC reported 16m at 5.1g/t Au from 61m, including 4m at 17.5g/t Au from 72m at Evergreen in the South Cobar Basin.

Q: Where is ROX Resources' Youanmi project located?

A: The Youanmi gold project is located in the Youanmi district of Western Australia, with the latest drilling targeting the Youanmi Deeps zone below the existing resource.

Q: When is Maritana Minerals planning to commence mining at Boorara?

A: Maritana has scheduled mining at the southern open pit of the Boorara Gold Project to commence in mid-2027.

Q: How large is AGC's Achilles resource?

A: AGC's Achilles discovery in the South Cobar Basin hosts an initial 38.5 million ounce silver equivalent resource, with 58% classified in the Indicated category.

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