PC Gold Ltd (ASX:PC2)

PC Gold announced that a project-wide regional targeting program across its consolidated approximately 10,300ha Spring Hill Gold Project package in the Northern Territory has defined a significant multi-year exploration pipeline beyond the current Mineral Resource Estimate, after compiling and digitising 175 historical reports and integrating 40 years of exploration data. The program identified 37 targets outside the MRE, including 16 drill-ready targets and nine Tier 1 priorities, with key near-term targets including Steve’s Gully, where historical drilling returned 16m at 4.12g/t Au from 63m and no follow-up has occurred since 1994; Macau Extended, where historical channels outside the MRE returned 10m at 17.5g/t Au and 10m at 1.25g/t Au and recent PC Gold drilling has already intersected high-grade mineralisation; and Gentry’s Chance, an 800m gossanous reef with 11 of 16 historical channels grading at least 1.46g/t Au and a maximum of 7.49g/t Au. The company said historical channel sampling within and adjacent to the MRE, including strong results at Hong Kong, Middle Zone and Main Zone, will be assessed for inclusion in the planned December 2026 MRE update, while Tier 1 drilling is set to commence with Steve’s Gully within weeks, followed by Vein Heaven and ongoing Macau Extended work, and the broader review also highlighted 15 previously unsampled prospective areas, including a 4km belt along the McKinlay Granite contact in the acquired Terracore Gold tenement package.