Perth-based explorer Australian Critical Minerals (ASX:ACM) commenced its maiden diamond drilling program at the Flint Gold-Silver Project, marking a milestone in the company’s exploration strategy.
The initial campaign consists of approximately 1,850 metres across four planned holes, with the first hole, FL_DDH001, already underway following the mobilisation of equipment and the completion of essential drill pad infrastructure.
The immediate start ensures uninterrupted operations as the company tests a massive ~4km strike hydrothermal system known for its substantial multi-target discovery potential.
Beyond the immediate drilling, ACM is expanding its strategic footprint.
The company has lodged new concession applications to extend its tenure westward, aiming to cover more of the broader mineralised system.
The expansion places ACM within roughly 400 metres of the San Juan Project, a major site owned by Peñoles—one of the world’s premier refined silver producers.
By positioning itself adjacent to such a significant porphyry target, ACM is enhancing its regional prospectivity and long-term value.
To ensure technical precision, the team has deployed the advanced ANCORELOG multi-sensor system.
The technology provides high-resolution, data-rich core analysis in real-time, allowing for rapid geological assessment.
By integrating these data-driven insights, ACM expects to refine its targeting processes, reduce drilling risks, and accelerate overall exploration outcomes.
At the time of reporting, Australian Critical Minerals' share price was $0.55.