Broad High-Grade Gold Intersected at Sheoak Prospect in Price-Sensitive
Auravelle Metals Limited (ASX: AUV) reported a price-sensitive update from its November RC drilling program at the Sheoak Prospect within the Nuckulla Hill Gold Project in South Australia. The company intersected broad, high-grade gold mineralisation, including a standout intercept of 28 metres at 3.4 g/t gold from 48 metres, with higher-grade zones and remaining open at depth. Additional strong gold results were returned across multiple drill holes, confirming continuity of mineralisation.
Drilling defined the Sheoak gold trend over at least 600 metres, with mineralisation remaining open to the north, south, and at depth. The results highlight both grade and width potential, supporting the scale of the system within the highly prospective Yarlbrinda Shear Zone. Multiple follow-up drill programs are scheduled for 2026 at Sheoak, along with new gold exploration programs planned in South Australia and Western Australia. The announcement is price sensitive due to its implications for resource growth and future exploration upside.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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Broad High-Grade Gold Intersected at Sheoak Prospect in Price-Sensitive
Auravelle Metals Limited (ASX: AUV) reported a price-sensitive update from its November RC drilling program at the Sheoak Prospect within the Nuckulla Hill Gold Project in South Australia. The company intersected broad, high-grade gold mineralisation, including a standout intercept of 28 metres at 3.4 g/t gold from 48 metres, with higher-grade zones and remaining open at depth. Additional strong gold results were returned across multiple drill holes, confirming continuity of mineralisation.
Drilling defined the Sheoak gold trend over at least 600 metres, with mineralisation remaining open to the north, south, and at depth. The results highlight both grade and width potential, supporting the scale of the system within the highly prospective Yarlbrinda Shear Zone. Multiple follow-up drill programs are scheduled for 2026 at Sheoak, along with new gold exploration programs planned in South Australia and Western Australia. The announcement is price sensitive due to its implications for resource growth and future exploration upside.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au