AUST - Austin Gold Completes Inaugural Diamond Drilling Campaign At Its Stockade Mountain Project | Benzinga
Austin Gold Corp. (AMEX:AUST) is a dedicated gold exploration and discovery company. Combining the savvy of serial company builders with the insight of serial mine finders, Austin Gold is on a mission to generate value through targeted exploration initiatives. Its projects are Kelly Creek in Humboldt County, Nevada; Lone Mountain in Elko County, Nevada; and Stockade Mountain in Malheur County, Oregon.
At the heart of the company's operational philosophy is the Lassonde Curve, a pivotal concept in the junior mining sector introduced by Pierre Lassonde, co-founder of the pioneering gold royalty company Franco-Nevada. This model outlines the lifecycle stages of mining companies, from exploration to production, while underscoring the potential for value creation and the risks at each juncture.
In a recent update, the company shared that its Stockade Mountain project – which Austin Gold has been exploring for its promising gold and silver potential – had now witnessed its inaugural diamond drilling campaign, marking a key milestone for the company.
The Stockade Mountain Project
In May 2022, Austin Gold expanded its exploration frontier with the Stockade Mountain Project in Malheur County, Oregon, securing a mineral lease agreement that ...