Augustus Minerals (ASX:AUG) said high-grade gold mineralization at the Music Well gold project in Western Australia was extended following the results of a rock chip sampling program, according to a Thursday Australian bourse filing.
The assays include 29.8 grams per tonne of gold, 9.83 g/t gold, and 9.28 g/t gold from three different holes.
Company shares surged 24% in recent trade.