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Pacgold Limited (ASX:PGO)

ALERT: Price-sensitive ASX Announcement for PGO
Current share price for PGO : $0.170 0.098 (136.11%)+
Announcement
Release
22 Aug 2025 9:21AM
Price at Release
$0.072
Full Release
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Summary
Pacgold Limited has provided an update on drilling activities at its Alice River Gold Project in North Queensland. The update reports significant new gold intersections from recent drilling at the project, highlighting both the expansion of known mineralized zones and the discovery of new high-grade gold intercepts. The company outlines the continued focus on the Central Target area, noting encouraging results that support the potential for resource growth. The announcement also details the technical aspects of the drilling campaign, including the number of holes drilled, gold grades encountered, and geological observations, emphasizing the exploration strategy aimed at unlocking further value from the Alice River Gold Project.
Key Points
  • Pacgold Limited released a drilling update for the Alice River Gold Project.
  • Significant new gold intersections have been reported from recent drilling.
  • Drilling results confirm expansion of known mineralisation and discovery of new high-grade gold zones.
  • Focus remains on the Central Target area, with positive results supporting resource growth potential.
  • The update includes details on drill hole numbers, gold grades, and geological context.
  • Exploration strategy is centered on resource growth and further discovery at Alice River.
  • Technical data and future exploration plans are provided to support ongoing project advancement.
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.