Inflection Resources Ltd. (CSE: AUCU | OTCQB: AUCUF) released an exploration update on September 9, 2026, reporting the completion of 92 air core drill holes totalling 16,434 metres at its Trangie Project in New South Wales, advanced under an Exploration Agreement with AngloGold Ashanti Australia Limited. Simultaneously, the company completed a 474-measurement gravity survey and commenced a 32-line-kilometre IP-MT geophysical survey at its 100%-owned Endurance Project in the Northern Territory. The dual-project update signals active exploration momentum across both assets, and investors may be watching for pending assay results that will guide deeper diamond drilling decisions at Trangie.

Key Points

  • Inflection Resources Ltd. (CSE: AUCU | OTCQB: AUCUF | FSE: 5VJ)
  • 92 air core holes totalling 16,434 metres completed at Trangie; six holes remain in the program
  • 474 gravity measurements completed over approximately 180 km² at Endurance; AUD$80,000 Northern Territory Government grant co-funds the IP-MT survey
  • Investors should watch for pending laboratory assay results from Trangie, which will be used to prioritise targets for deeper diamond drilling

Trangie Air Core Drilling Uncovers Favourable Porphyry Indicators

Inflection completed 92 air core holes on a nominal 250-metre offset grid at Trangie, focused around previously reported drill holes TRNDH023 and TRNDH032, which returned intervals of 54.37 metres grading 0.37 g/t gold and 3.0 metres grading 7.72 g/t gold, respectively. Multiple holes intercepted monzodiorite intrusions, quartz veining, biotite alteration, and copper-bearing minerals, which the company states are consistent with hydrothermal activity associated with gold-copper porphyry systems. The program was expanded beyond the approximately 83 holes originally planned, with six holes still remaining, reflecting the encouragement drawn from logged geological observations.

Assay Results to Define Geochemical Footprint and Diamond Drill Targets

Laboratory results from ALS Geochemistry in Orange, New South Wales — an ISO 9001:2015 and ISO/IEC 17025:2017 accredited laboratory — are pending as of the announcement date. The company states that multi-element geochemical data, combined with geological logs, will be used to map alteration zonation and refine locations and orientations for deeper diamond drill holes under the AngloGold Ashanti Exploration Agreement. The qualified person, Mr. Carl Swensson (FAusIMM), noted that verification is limited because laboratory analytical results were unavailable at the time of the release.

Endurance Gravity Survey Completed; IP-MT Program Now Underway

At the 100%-owned Endurance Project in the Northern Territory's East Tennant region, Inflection completed 474 gravity measurements over the Bigeye and Barreleye targets, covering approximately 180 km². The data is intended to improve resolution of existing regional gravity coverage across these concealed copper-gold targets. A separate 32-line-kilometre IP-MT survey is now underway, co-funded by an AUD$80,000 grant under the Northern Territory Government's Geophysics and Drilling Collaborations Program. Results from both surveys will be integrated with existing aeromagnetic and airborne electromagnetic datasets to build a three-dimensional model of the targets.

AngloGold Ashanti Partnership Anchors New South Wales Strategy

Inflection's Trangie work is conducted under an Exploration Agreement with AngloGold Ashanti Australia Limited, providing the company with a strategic partner to advance exploration in the Macquarie Arc — described in the release as Australia's premier porphyry copper-gold province. The collaboration framework positions Inflection to leverage its partner's resources as assay data matures and deeper drilling decisions are evaluated. The immediate share price impact was not clear from available public information.