Australian Critical Minerals obtains permit to drill at Flint Project

ACM received the green light to start drilling in an epithermal system with high gold and silver potential.
Lingotes de oro y plata representando el potencial mineral del Proyecto Flint en Perú

Australian Critical Minerals has obtained the final drilling permit for its Flint Project, located in the epithermal gold-silver belt of southern Peru. This approval includes access to private property and environmental compliance at the Gaya 103 concession and clears the way to commence a diamond drilling campaign of up to 10 holes.

Technical details of the finding

The drilling campaign will focus on resistivity anomalies detected by NSAMT (Natural Frequency Domain Audio-Magnetotelluric) geophysical surveys, a method that measures the electrical conductivity of rocks at depth.

These anomalies have revealed a continuous resistive body, that is, a zone where the rocks offer high resistance to the passage of current, which is interpreted as the possible silicified core of a high sulfidation epithermal system. This core corresponds to a hardened and porous rock mass, mainly composed of silica, which usually acts as the structural “trap” where gold and silver are concentrated in this type of systems, associated with near-surface hydrothermal activity.

Preliminary results place these structures between 100 and 300 meters deep. To accurately define their geometry and orientation, 3D geological modeling is being finalized, which will integrate all geophysical and geochemical data, allowing precise orientation of the drilling platforms, this will optimize the angle and location of the wells to intercept the zones of interest and maximize the probability of exploration success.

Flint Project, a strategic bet for 2026

Located just 3 kilometers from the San Juan Copper Porphyry, the Flint Project may share geochemical features with its neighbor, suggesting potential mineralogical continuity, an aspect that Australian Critical Minerals will evaluate as its exploration program progresses.

The company plans to update the market upon completion of the 3D model, which will define the final drilling targets for 2026.

Source: Australian Critical Minerals