The CSAMT survey de-risks drill targeting at Stockade Mountain, but no drill results or resource estimates are provided. Monitor for future drill program announcements and water well drilling commencement. The Kelly Creek termination is a minor portfolio streamlining event with no material financial impact.
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Executive Summary
Austin Gold Corp. reported final interpretation of a CSAMT geophysical survey at its Stockade Mountain Project, identifying multiple new resistivity anomalies that may represent drill targets. The company also terminated its interest in the Kelly Creek Project in Nevada to focus on core assets. No financial figures were disclosed.
Key Facts
- CSAMT survey interpretation finalized; known Opal Hill/Number 9 Vein mineralization associated with resistivity high
- Multiple additional resistivity highs and structural contrast zones identified as potential drill targets
- Received authorization from Oregon Water Resources Department to drill a water well for future exploration
- Terminated interest in Kelly Creek Project (Nevada) effective June 1, 2026
- No financial results, drilling results, or resource estimates reported
Financial Impact
No financial figures disclosed; exploration-stage company with no revenue
Risk Factors
- Exploration-stage company with no revenue or production; dependent on capital markets for funding
- Geophysical anomalies may not translate into economic mineral deposits
- No drill results or resource estimates to validate targets
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 5 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 6-K Filing (Primary) | 0001062993-26-002969 |
| Document: form6k.htm | 0001062993-26-002969 |
| Document: 0001062993-26-002969-index-headers.html | 0001062993-26-002969 |
| Document: 0001062993-26-002969-index.html | 0001062993-26-002969 |
| Document: 0001062993-26-002969.txt | 0001062993-26-002969 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jul 9, 2026 15w ago | EFFECT | $1.08 $0.9900 | ▼ −8.33% | ▼ −9.97% | $0.7645 (−29.21%) |
Jun 12, 2026 19w ago | 6-K | $1.31 $1.22 | ▼ −6.87% | ▼ −10.13% | $0.7645 (−41.64%) |
Jun 2, 2026 21w ago | 6-K | $1.40 $1.31 | ▼ −6.43% | ▼ −7.55% | $0.7645 (−45.39%) |
May 7, 2026 24w ago | 6-K | $1.33 $1.03 | ▼ −22.56% | ▼ −26.39% | $0.7645 (−42.52%) |
May 6, 2026 24w ago | 6-K | $1.33 $1.03 | ▲ +22.56% | ▲ +26.39% | $0.7645 (+42.52%) |
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