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Pacgold Limited (ASX:PGO)

ALERT: Price-sensitive ASX Announcement for PGO
Current share price for PGO : $0.110 0.02 (22.22%)+
Announcement
Release
10 Oct 2025 9:31AM
Price at Release
$0.090
Full Release
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Summary
Pacgold Limited's Investor Presentation outlines plans for the White Dam Gold Project located near Broken Hill, South Australia. The project, with a JORC Resource of 102,000 oz of gold, will see renewed production efforts by Q4 2025 using existing infrastructure such as a gold-copper plant. Pacgold intends to increase production and cash flow through a phased, low-capital approach that involves re-crushing existing heap leach pads. The company also holds rights to additional exploration projects in the area and plans to expand resources through targeted drilling while benefiting from a supportive regulatory environment.
Key Points
  • White Dam Gold Project has a JORC Resource of 102,000 oz of gold.
  • The project is located 50 km west of Broken Hill in South Australia.
  • Pacgold Limited plans to restart gold production at White Dam by Q4 2025.
  • There is existing infrastructure including a gold-copper plant and camp facilities.
  • Pacgold Limited will use a phased approach to increase production and cash flow, starting with re-crushing and leaching existing heaps.
  • Exploration rights include the Green & Gold and Wilkins Projects.
  • Pacgold plans to conduct infill and extension drilling at Hannaford, Vertigo, and White Dam North.
  • The project benefits from a supportive mining jurisdiction and existing permits.
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.