Inflection Resources – High-Grade Gold Discovery At Trangie, AngloGold Ashanti Exploration Partner
In this company update, we reconnect with Alistair Waddell, President & CEO of Inflection Resources (CSE:AUCU – OTCQB:AUCUF), to break down the company’s latest exploration results from Australia. The discussion centers on a new high-grade gold discovery at the Trangie Project, which is being advanced in partnership with AngloGold Ashanti, along with updates on several 100%-owned exploration targets that are moving toward drill testing.
Key topics covered include:
- New High-Grade Gold Discovery at Trangie – A first-pass drill hole into a blind target intersected nearly 8 g/t gold over 3 meters.
- Skarn Mineralization & Porphyry Upside – Discussion of the skarn-style gold mineralization and its significance as a potential vector toward larger porphyry systems, which remain the company’s primary exploration focus.
- Large-Scale Air-core Drilling Program – An 83-hole air-core program is starting, acting as a broad geochemical survey to systematically vector toward priority targets across the ~15 km² project area.
- 100% Owned Projects & Upcoming Drill Plans – Updates on several fully owned copper-gold targets outside the joint venture, offering additional upside through low-cost air core drilling and potential future partnerships.
- Funding, Budgets & Partner Support – AngloGold Ashanti continues to fully fund exploration at Trangie, while Inflection Resources maintains flexibility to advance its owned assets independently.
