Adelong Gold Limited (ASX:ADG) is focused on advancing two high-grade gold–antimony projects in Victoria’s most productive gold belts. The Lauriston Project, a 28,700-hectare landholding directly adjacent to the Fosterville Mine, hosts the high-grade Comet discovery, where drilling has returned standout intercepts such as 8.0m at 104 g/t gold and 5.9m at 15.3 g/t gold. With minimal historical drilling, a +4.5km mineralised corridor and a structural setting comparable to Fosterville’s Swan Zone, Lauriston offers significant near-term discovery upside.
The Apollo Project, located in the Melbourne Zone, provides a second high-impact growth asset with bulk-tonnage gold potential. The project also hosts antimony-bearing stibnite, akin to the nearby Costerfield and Sunday Creek deposits. Recent drilling has validated mineralisation within the Dig Fault Zone, with strike and depth extensions still open.
The Company also retains the Adelong Goldfield Project in New South Wales, a joint venture project which hosts a 188,000oz gold resource and provides a foundation asset within the portfolio.
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