Australian Gold and Copper
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Australian Gold and Copper (AGC) investor relations material

Australian Gold and Copper Q1 2027 TU earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q1 2027 TU earnings summary29 Oct, 2026

Executive summary

  • Evergreen delivered a shallow, gold-rich western-zone discovery with accompanying silver, copper, lead and zinc mineralisation; the zone remains open along strike and at depth.

  • Drilling extended Achilles mineralisation to at least 540m down dip from surface, about 250m below the existing MRE; the system remains open at depth.

  • Completion of the Junee acquisition added a 100%-owned gold-focused project with seven drill-ready targets to the NSW portfolio.

Financial highlights

  • Cash at 30 September 2026 was $5.9m, compared with $5.677m at 30 June; debt was nil.

  • Quarter cash flows: operating inflow $364k, investing outflow $2.605m and financing inflow $2.466m.

  • Exploration and evaluation expenditure was $2.505m; total exploration payments were $2.529m.

  • A $920k refundable R&D tax offset was received after fees and interest; the gross refund before fees and interest was stated as $987k.

Outlook and guidance

  • Additional Evergreen RC drilling is planned from December 2026 to test extensions to shallow mineralisation; permitting is underway.

  • Initial MRE work is progressing for Achilles and Evergreen, with Evergreen drilling and historical data being integrated to refine domains, geometry and continuity.

  • Junee drilling was deferred to January–March 2027 to accommodate cropping and prioritise Evergreen follow-up; drilling approvals are pending.

  • Junee field work and permitting continue, including analysis of more than 1,200 soil samples collected during the quarter.

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Frequently asked questions

Australian Gold and Copper Limited is a mineral exploration company focused on discovering and developing gold and base metal deposits. The company operates a portfolio of projects located in New South Wales, Australia, targeting gold, copper, and other metals in highly prospective regions. The company is headquartered in Sydney, New South Wales, and its shares are listed on the Australian Securities Exchange (ASX).