An announcement from Pacgold Limited ( (AU:PGO) ) is now available.
Pacgold Limited has reported significant progress in its Alice River Gold Project, with recalculated drilling results supporting a large bulk tonnage model. The company plans extensive Reverse Circulation and Diamond drilling throughout 2025 to explore the potential of the site, which shows promise as a multimillion-ounce gold deposit. Additionally, a new magnetic feature has been identified, and further geophysical testing is planned. The appointment of Bruce Kendall as a Non-Executive Director aims to enhance the project’s development.
More about Pacgold Limited
Pacgold Limited is a company operating in the gold mining industry, focusing on exploration and development of gold projects. Its primary project is the Alice River Gold Project located in North Queensland, Australia.
YTD Price Performance: -20.0%
Average Trading Volume: 313,525
Technical Sentiment Signal: Buy
Current Market Cap: A$8.28M
See more data about PGO stock on TipRanks’ Stock Analysis page.