Augustus Minerals is starting follow-up drilling at its Music Well gold project near Leonora in Western Australia. The drilling follows “maiden” exploration results that are described as strong across multiple outlets, prompting the company to move to the next stage of testing at the site. The reporting also notes that Augustus has recently raised $2.5 million, which the company says will help fast-track the next phase of work.
While details on assay grades, intercepts, or drilling plans are not provided in the supplied summaries, the outlets consistently describe the same sequence of events: initial positive gold results from the Music Well area, followed by a decision to conduct additional drilling, supported in part by the new capital raise. The coverage frames the initiative as continuing exploration activity in the Leonora region rather than a production decision. The sources collectively indicate that Augustus is focused on expanding or confirming the earlier gold discovery through additional drilling targeting the Music Well project area.
