Aumega Metals (ASX:AAM) said an airborne magnetic geophysical survey completed over the Hermitage gold-antimony project in Canada showed that large geological structures aligned with earlier high-grade prospecting samples, according to a Tuesday Australian bourse filing.
The prospecting samples included 7.3 grams-per-tonne (g/t) grade of gold, 193 g/t grade of silver, and 2,044 parts-per-million grade of stibnite, a source of antimony.
Chief Executive Sam Pazuki said it will use the new geophysics data to help determine specific targets for a drilling program of up to 3,000 meters in 2025.
The firm's shares rose past 6% in early trading on Tuesday.
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