Core Viewpoint - Austin Gold Corp. is advancing its exploration activities at the Stockade Mountain Project in Oregon and the Lone Mountain Project in Nevada, with new geophysical and drilling plans aimed at enhancing gold discovery potential [2][3]. Project Update - At the Stockade Mountain Project, a review of a historical gradient-array IP-resistivity survey indicated it was inadequate for imaging vein-hosting structures at target depths of 200-300 meters. A Controlled Source Audio-frequency Magnetotellurics (CSAMT) survey has been designed to improve imaging of these structures, expected to be completed in 2025, subject to conditions [3][8]. - The reverse circulation drilling program planned for 2025 has been deferred to 2026 to incorporate CSAMT results into drill targeting [3]. - The Company has received permission to drill a water well for exploration drilling, with plans to commence in Q4 2025 [4]. - At the Lone Mountain Project, exploration continues with geological mapping, geochemical sampling, and gravity geophysics [4][8]. Soil and Sampling Results - A soil and stream sediment sampling program was completed, consisting of 2,027 soil and 122 stream sediment samples. Analysis revealed unusual patterns in elements not typically associated with Carlin-type gold deposits [5][6]. - Re-assay results showed minimal overall change in elements useful for targeting Carlin-type gold deposits, but significant enrichments of arsenic, antimony, and thallium were found, associated with gold anomalies in soils up to 0.128 g/t [6][8]. - Despite significant historical exploration at Lone Mountain, large areas remain untested or minimally tested by drilling [7]. Corporate Update - On September 26, 2025, the Company entered a marketing agreement with i2i Marketing Group, LLC, for marketing services aimed at increasing investor awareness. The agreement has an initial term of two months at a cost of $250,000, with no securities issued as compensation [9].
Austin Gold Advances U.S. Exploration with New Geophysics and Drilling Plans