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Pacgold Limited (ASX:PGO)
ALERT: Price-sensitive ASX Announcement for PGO
Current share price for PGO : $0.170 0.065 (61.90%)+
Release
21 Jul 2026 8:29AM
Price at Release
$0.105
Full Release
Summary
Pacgold Limited has reported promising results from drilling activities at the Vertigo deposit, identifying shallow gold extensions. Significant gold mineralization has been discovered near the surface, suggesting potential for a quick restart of the Vertigo mine. The company plans to update their mineral resource estimates and conduct additional metallurgical testing to advance the project.
Key Points
- Pacgold Limited is actively exploring the Vertigo deposit.
- Recent drilling at Vertigo has identified shallow gold extensions.
- Drilling results indicate significant gold mineralization near the surface.
- The company aims to fast-track the restart of the Vertigo mine.
- Updated mineral resource estimates and further metallurgical tests are planned.
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.
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