Amara Minerals (ASX:AM3) has completed its initial diamond drilling campaign at the Lauriston Antimony-Gold Project in central Victoria.
The company conducted drilling across a total of 3,907.5m, targeting both the Comet and Yankee/Trojan prospects within the project area.
This program included 1,852.7m of drilling across eight holes at Comet and 2,054.8m across 12 holes at the Yankee/Trojan prospects.
Drilling began in October 2025, exceeding the initially planned 3,000m program.
Assays for AY2611 and AY2612 at Trojan, and for AC2601 and AC2602 at Comet, are yet to be received.
The drill rig will move to the Apollo Project following the completion of first-phase drilling at Lauriston.
Drilling at Apollo is intended to provide additional infill drilling to support resource estimation and test regional targets.
Historical intercepts from Apollo, returned by previous explorers, include 39.5m @ 7.25 grams per tonne gold from 118.8m, including 10.6m @ 17.1g/t gold from 137.85m, and 28m @ 10.2g/t gold from 138m, including 13m @ 17.5g/t gold from 139m.
Managing Director Ian Holland says the intersections already received from Lauriston drilling support the company’s “geological interpretation of a large-scale system that remains open along strike and at depth”.
“Relocating the drill rig to Apollo at this time will allow us to plan next steps and seek statutory approvals for additional drilling at the Lauriston Project, and provide additional intercepts to support resource modelling and estimation at Apollo,” Holland says.
Amara Minerals is focused on advancing two ‘high-grade’ gold-antimony projects in Victoria’s gold belts.
Write to Maddison Elliott at Mining.com.au
Images: Amara Minerals
