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Australian Gold and Copper aims to drill a discovery this year at South Cobar Project

Australian Gold and Copper Ltd (ASX:AGC) MD Glen Diemar tells Proactive the company has made major advances at the Cargelligo and Rast tenements, along with the new Nyora exploration licences, now collectively referred to as the South Cobar Project in central NSW. He says it is in a grossly underexplored part of the Cobar Basin and the company believes it has the potential to host major gold and base metal deposit styles.

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