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Aureka Drills Confirm Gold at St Arnaud
Description
Aureka Limited is drilling feverishly at their St Arnaud Comstock gold project in Victoria, Australia, reviving old Walkers pit to fast-track gold discovery while validating historic hits—like 7.2 g/t over 14m and 27.4 g/t over 2.2m—and confirming the gold is still hot. Their goal? Upgrade the resource estimate with realistic cut-off grades, map wider mineralization zones, and prove open-cut mining could deliver strong ore-to-waste ratios. With 56K ounces already in the ground, this is just one leg of Aureka’s Victoria play—alongside Irvine’s massive resource and potential toll milling to keep costs lean.
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