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PC Gold Ltd (ASX:PC2)

ALERT: Price-sensitive ASX Announcement for PC2
Current share price for PC2 : $0.950 -0.125 (-11.63%)+
Announcement
Release
16 Jul 2026 6:13PM
Price at Release
$1.075
Full Release
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Summary
PC Gold Ltd has finalized the acquisition of the former Territory Iron accommodation camp at Pine Creek, Northern Territory, to support its Spring Hill Gold Project. The camp, which is located approximately 30 minutes from the project site, includes 16 accommodation blocks, office facilities, and full utility connections, making it a cost-effective base for operational activities. The acquisition, valued at A$770,000 (comprising cash and shares), is expected to accelerate project development and provide significant economic and operational benefits. PC Gold plans to refurbish the facility to industry standards and use it to house personnel involved in the project.
Key Points
  • Settlement for acquisition of former Territory Iron accommodation camp.
  • Camp located 30 minutes from Spring Hill Gold Project.
  • Facilities include 16 accommodation blocks and office facilities.
  • Total purchase consideration A$770,000 plus GST.
  • Acquisition to reduce development lead times and costs.
  • PC Gold plans refurbishment during the second half of 2026.
  • Facility to support exploration and mine development activities.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.