Adelong Gold Limited Unveils High-Grade Antimony and Gold Discoveries at Lauriston Project Near Fosterville, Paving the Way for Multi-Commodity Growth
Wednesday, July 9, 2025
at
8:58 am
Adelong Gold Limited reports impressive high-grade antimony intercepts alongside gold at its Lauriston Gold Project in Victoria. These results enhance its multi-commodity exploration strategy and position the company for potential growth near world-class mining operations, making it an exciting opportunity for beginner traders.
Adelong Gold Limited has announced promising high-grade antimony results from its work at the Lauriston Gold Project in Victoria, Australia. The company’s systematic sampling of historic diamond drillhole CND03 at the Comet discovery has identified significant antimony mineralisation in tandem with gold. Notable drilling intercepts include 0.89 meters grading 2.24% antimony with 1.00 g/t gold, with portions of the interval registering even higher antimony values of 10.3% and 4.95% alongside measurable gold. Core photographs confirmed stibnite veining that reinforces the geological model drawing parallels to renowned deposits such as those at Costerfield and Fosterville.
The Lauriston project, strategically situated adjacent to one of the world’s lowest-cost and highest-grade gold operations, spans 28,700 hectares within Victoria’s Bendigo Zone. The deposit is hosted within sedimentary rock formations and displays epizonal Au-Sb systems formed under shallow crustal conditions at around 200°C, which mirrors conditions found in similar local deposits. These encouraging results not only highlight the potential for high-grade gold mineralisation but also pave the way for multi-commodity development opportunities that include both gold and antimony.
In light of these findings, Adelong Gold Limited plans to expand systematic antimony sampling along the Comet-Trojan corridor. This initiative will be coupled with the development of an integrated gold-antimony geological model to guide follow-up drilling, aiming to test for further depth and lateral extensions of the high-grade zones. The company’s forward strategy also incorporates additional metallurgical work and exploration initiatives to better delineate the mineralisation distribution and optimize drilling targets.
Bullish sentiment is driven by the strong intersection of antimony and gold mineralisation, the project’s proximity to high-profile mining operations, and the company’s clear path to expanding its multi-commodity portfolio. The technical evidence and strategic drilling plans present an opportunity for near-term exploration upside and long-term value creation. However, bearish sentiment remains due to the inherent risks of early-stage exploration, uncertainties related to further delineation of mineralisation, and potential regulatory and market challenges that may influence future project development.