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ACDC Metals Limited (ASX: ADC) (ACDC Metals or the Company) is pleased to announce assay results from the Q1 2024 drilling program completed by the Company at the Watchem North heavy mineral sand Project in the Murray Basin of western Victoria.
Results confirm the discovery of a new high-grade strandline, named by the Company the Venice Beach strandline.

Key Highlights:

 Venice Beach Strandline discovered at Watchem North. Shallow, high grade, heavy mineral sand strandline with a 9km strike length,
including 6m at 37.9% Total Heavy Mineral (THM).
 A second potential strandline interpreted over a 35km strike length.
 Drilling suggests a third strandline, interpreted to be an extension of
Iluka’s Barbary heavy mineral sand resource.
 Follow up drilling has been completed in May to identify extent of
potential strandlines at Watchem North, as well as further defining the
extent of mineralisation at the strandline discovered at ACDC Metal’s
Douglas Project with samples being transported to the Laboratory.

Drilling highlights from the Venice Beach strandline include:
 6.00m @ 37.9% THM from 6.00m (24WN046).
 4.50m @ 29.2% THM from 6.00m (24WN026).
 3.00m @ 20.3% THM from 4.50m (24WN047).
 4.50m @ 19.3% THM from 4.50m (24WN035).

The results above are provided in Appendix 1 in the ASX release dated 4 June 2024.

The 132 hole, 5,500m drilling program completed by ACDC Metals in February and March 2024 was highly successful and has identified multiple new strandlines. 

The Venice Beach discovery is a high-grade shallow strandline that extends over a strike length of greater than 9km with an across strike width of 100-300m. The depth to the top of mineralisation is ~3m in the south, extending to ~10m in the North.

Drilling also discovered an interpreted extension to the Iluka Resources’ Barbary deposit which sits to the east of ACDC Metals’ EL007685 and 7687. Furthermore, processing of government magnetic data
defines an additional potential strandline with a 35km strike length, which was intersected with at least 3 mineralised drill holes during the recent program.

ACDC Metals CEO Tom Davidson commented:

“These exciting results reinforce our ability to discover new high grade mineral sand occurrences across our large exploration licence package. We have an emerging discovery already at our Douglas Project,
and now a second high grade, shallow discovery at Watchem North. Out geologists are also very excited about the new strandline we have identified by reprocessing government magnetic data, which we
believe may have large scale potential.”

ACDC Metals Limited (ASX: ADC) (ACDC Metals or the Company) is pleased to announce assay results from the Q1 2024 drilling program completed by the Company at the Watchem North heavy mineral sand Project in the Murray Basin of western Victoria.
Results confirm the discovery of a new high-grade strandline, named by the Company the Venice Beach strandline.

Key Highlights:

 Venice Beach Strandline discovered at Watchem North. Shallow, high grade, heavy mineral sand strandline with a 9km strike length,
including 6m at 37.9% Total Heavy Mineral (THM).
 A second potential strandline interpreted over a 35km strike length.
 Drilling suggests a third strandline, interpreted to be an extension of
Iluka’s Barbary heavy mineral sand resource.
 Follow up drilling has been completed in May to identify extent of
potential strandlines at Watchem North, as well as further defining the
extent of mineralisation at the strandline discovered at ACDC Metal’s
Douglas Project with samples being transported to the Laboratory.

Drilling highlights from the Venice Beach strandline include:
 6.00m @ 37.9% THM from 6.00m (24WN046).
 4.50m @ 29.2% THM from 6.00m (24WN026).
 3.00m @ 20.3% THM from 4.50m (24WN047).
 4.50m @ 19.3% THM from 4.50m (24WN035).

The results above are provided in Appendix 1 in the ASX release dated 4 June 2024.

The 132 hole, 5,500m drilling program completed by ACDC Metals in February and March 2024 was highly successful and has identified multiple new strandlines.

The Venice Beach discovery is a high-grade shallow strandline that extends over a strike length of greater than 9km with an across strike width of 100-300m. The depth to the top of mineralisation is ~3m in the south, extending to ~10m in the North.

Drilling also discovered an interpreted extension to the Iluka Resources’ Barbary deposit which sits to the east of ACDC Metals’ EL007685 and 7687. Furthermore, processing of government magnetic data
defines an additional potential strandline with a 35km strike length, which was intersected with at least 3 mineralised drill holes during the recent program.

ACDC Metals CEO Tom Davidson commented:

“These exciting results reinforce our ability to discover new high grade mineral sand occurrences across our large exploration licence package. We have an emerging discovery already at our Douglas Project,
and now a second high grade, shallow discovery at Watchem North. Out geologists are also very excited about the new strandline we have identified by reprocessing government magnetic data, which we
believe may have large scale potential.”

YouTube Video VVVYaUUzR0o0dmpYZmZRSHVWbDkzcUVBLl9GTld3cV9OQzhr

About Us

Building a mine-to-market critical metals company with heavy mineral sand (HMS) assets and proprietary rare earth element (REE) processing technology.

Secure supply of critical metals is essential for the energy transition. Through an innovative business model, ACDC can play a pivotal role.

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