Austin Gold Files NI 43-101 Report Highlighting 9.32 g/t Gold Intercept and New Drill Targets
AUST•Austin Gold filed a NI 43-101 technical report on the Stockade Mountain Project effective March 2, 2026, documenting robust near-surface intercepts of up to 9.32 g/t gold and identifying new deep resistivity highs as drill targets. The report recommends further exploration to test potential high-grade veins beneath known stockwork mineralization.
1. NI 43-101 Technical Report Filed
Austin Gold filed a National Instrument 43-101 technical report for its Stockade Mountain Project, effective March 2, 2026, and released on June 5, 2026. The report was prepared by independent geologist Barbara Carroll and company VP Robert Hatch and is available on the company's SEDAR+ profile.
2. Exploration Highlights and Drill Intercepts
The report reviews historical work from the late 1980s and early 1990s and details Austin's 2023–2024 drill program, which delivered intercepts up to 8.19 g/t gold over 4 feet and 9.32 g/t over 2.7 feet. These results confirm the presence of high-grade near-surface and vein-hosted mineralization.
3. Geophysical Survey and New Targets
Data from a 2025 Controlled-Source Audio-Frequency Magnetotelluric survey revealed multiple resistivity highs, including the Opal Hill/Number 9 Vein stockwork zone. Additional deeper resistivity highs represent untested targets where similar mineralized rhyolite domes may exist.
4. Next Steps and Exploration Plans
The report concludes with recommendations for targeted drilling of the identified high-resistivity zones to test for economic gold and silver deposits. Further exploration work will focus on evaluating these drill targets to expand the project's resource potential.
