Adelong Gold (ASX: ADG) has confirmed visible gold in its second diamond drill hole at the Lauriston gold–antimony project in central Victoria, marking a strong geological start to the company’s 3,000-metre program across the Comet and Yankee–Trojan prospects.
The first two holes, completed for a combined 444.6m, intersected multiple zones of shearing, quartz veining, and sulphide-bearing mineralisation consistent with the high-grade epizonal gold–antimony system historically identified along the Comet Shear.
Sampling is under way, with assays expected before the end of December, while a third hole has now begun targeting structural repetitions along the multi-kilometre Comet–Trojan corridor.
Visible Gold Validates Geological Model
The second hole returned the first observation of visible gold in the current program, recorded at 100.5m within a structurally complex interval of brecciated and stylolitic quartz veins containing coarse arsenopyrite, pyrite and trace stibnite.
The company said this observation confirms earlier high-grade results reported from historical drilling – including 8m at 104 grams per tonne gold and 2m at 413g/t gold – and reinforces confidence in the epizonal model that underpins current targeting.
The work extended the Comet Shear down-dip by about 80m, demonstrating structural consistency and confirming the zone’s capacity to host repeated mineralised intervals.
Managing director Ian Holland said the presence of visible gold validates the company’s structural and mineralogical interpretation of the Lauriston system, with the early holes delivering the expected geological signatures and supporting momentum as drilling steps out along the corridor.
Step-Out Drilling Expands Footprint
The drill rig has commenced a 100m northern step-out hole to test interpreted structural offsets and down-plunge extensions along the Comet–Trojan trend, which the company regards as significantly underexplored, with only limited modern drilling completed prior to Adelong’s 2025 campaign.
Drilling will continue into early 2026 as part of a staged and systematic program designed to test strike extensions, deeper structural targets, and potential repetitions along the Comet Fault Zone and adjacent anticline.
Adelong will incorporate new structural and geochemical data from the fully funded project into ongoing target refinement as assays become available.
The company will also undertake further mapping and surface geochemistry to support continued exploration along the multi-kilometre corridor.
