MadMaverick
Jan 21, 4:26 PM
🚨
$AUAU Update: Drill Program Just DOUBLED
As of yesterday, the company officially increased its 2026 drill program from 18,000m to a massive 30,000m!
Catalyst update
🔹Massive Expansion: The 30,000m RC drill program is starting now (late Jan 2026).
🔹Fully Funded: No dilution needed. The program is paid for by their existing cash reserves.
🔹Deep Hits: Recent assays from the McIntosh Zone just returned 2.9 g/t Au over 20m, extending mineralization 70m deeper than ever before.
The Fundamentals Insight
🔸District Scale: They aren't just looking for a "pocket" of gold; they are proving a district-scale system in the Walker Lane Trend, Nevada.
🔸Tier-1 Jurisdiction: Located near Tonopah, NV, with road and power access, making it a prime acquisition target for majors.
🔸Resource Growth: Current 1.4Moz Au / 8.8Moz Ag is just the floor. An updated NI 43-101 resource estimate is expected in H1 2026.
Communicated Disclaimer - https://chartingdaily.com/precious-metals
$GLD $SLV $EGO $AUMN
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