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Auravelle Metals Strengthens Gold Exploration with Fresh Funding and Active Drilling Pipeline

Auravelle Metals Limited (ASX: AUV) is advancing its exploration strategy across a portfolio of gold projects in South Australia and Western Australia, with Nuckulla Hill remaining the flagship asset. The company controls prospective ground along the Yarlbrinda Shear in the Gawler Craton, supported by multiple exploration targets at Sheoak, Sheoak East, Bimba and Myall. Historical drilling has already returned encouraging high-grade gold intersections, while the broader project area remains lightly explored, providing significant discovery potential. Additional assets at Crown and Skye further diversify the exploration pipeline and offer multiple opportunities for future resource growth.

The company has also secured firm commitments to raise AU$1.5 million, strengthening its balance sheet and funding upcoming exploration programs. The proceeds will support RC drilling, aircore drilling, metallurgical test work and soil sampling across its key projects, with several campaigns scheduled through the second half of 2026. Management expects these activities to expand known mineralised zones, generate new drill targets and sustain regular exploration news flow. Backed by experienced leadership, a growing project portfolio and multiple near-term catalysts, Auravelle is positioning itself to unlock additional value through systematic exploration.

 

 

 

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