InvestSMART

Pacgold Limited (ASX:PGO)

ALERT: Price-sensitive ASX Announcement for PGO
Current share price for PGO : $0.155 0.048 (44.19%)+
Announcement
Release
23 Jul 2026 10:59AM
Price at Release
$0.108
Full Release
download
Summary
Pacgold Limited has announced a significant discovery of high-grade gold and copper mineralisation at the White Dam North deposit in South Australia. The discovery comes following an infill drilling program focused on updating the 2020 Mineral Resource Estimate of the project. The recent drilling has intersected notable sulphide-hosted gold and copper mineralisation beneath the existing oxide deposit. The high-grade mineralisation was encountered in several drill holes, confirming the presence of appreciable disseminated copper sulphides in altered metasediments. This breakthrough is considered a major advancement for Pacgold's exploration strategy in the region.
Key Points
  • Pacgold Limited announces discovery of high-grade gold and copper at White Dam North.
  • The discovery follows an infill drilling program to update the 2020 Mineral Resource Estimate.
  • Significant sulphide-hosted mineralisation found beneath existing oxide deposit.
  • Drill holes intersected high-grade gold and copper in altered metasediments.
  • Discovery supports Pacgold's broader exploration strategy in South Australia's Curnamona Province.
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.