AUTECO MINERALS LTD - ASX Briefs

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AUTECO MINERALS LTD (ASX: AUT)

AUT: High-Grade Inferred Gold Resource Grows to 2.8Moz at 7.2g/t

AUTECO MINERALS LTD

Inferred Resource at Pickle Crow increases by 530,000oz to 2.8Moz at 7.2g/t gold, a 24% increase in ounces since the previous update.
Over 1Moz delineated in the top 250 meters from surface, paving the way for Open Pit mining investigations.
Company remains well funded with A$10.4M to continue its strategy of defining high-grade gold and evaluating mining options.

2023-05-04 10:01:00

AUT: $9m Placement to Fast-Track Regional Exploration

AUTECO MINERALS LTD

AuTECO has raised approximately $9 million (before costs) through a placement of 180 million fully paid ordinary shares.
The proceeds will be used to fast-track seasonal exploration work and continue to step out on the high-grade 2.2Moz @ 7.8g/t gold Inferred Resource.
The issue price represents a 12.3% discount to the last traded price of 5.7c and a 16.1% discount to the 15-trading day volume weighted average market price of Shares.

2023-02-02 09:32:00

AUT: Further High-Grade Intercepts at Canadian Gold Project

AUTECO MINERALS LTD

More outstanding results from Tyson veins demonstrate 2.2Moz at 7.8g/t Inferred Gold Resource remains open in all directions
Step -out drilling at the Tyson discovery continues to extend mineralisation with intersections including 2.7m @ 16.1g/t gold from 309.6m downhole and 2.3m @ 16.4g/t gold from 320.2m downhole
Strong mineralised continuity demonstrated directly along strike of previous drill intercept that showed 7.8m @ 16.7g/t gold

2023-01-24 08:22:00