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AusQuest (ASX:AQD) hits a sand wall at Coober Pedy, pushes IOCG drilling to Q3
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AusQuest (ASX:AQD) hits a sand wall at Coober Pedy, pushes IOCG drilling to Q3
A new contractor, a different method, and a South32-backed IOCG thesis still waiting on its first real test Today AusQuest (ASX:AQD) told the market that its maiden drilling program at the Coober Pedy Iron-Oxide Copper-Gold project in South Australia has been paused. Of the planned 15 reverse circulation holes, only three reached basement rock. A thick, dry quartz sand layer sitting directly above the target stopped the rig from getting deeper. …
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