Pacgold Limited (AU:PGO) has released an update.
Pacgold Limited reports substantial progress at its Alice River Gold Project with the identification of major gold extensions and preparation for an extensive drilling program targeting a 9km strike. The company is also advancing a maiden JORC resource estimate, expected in Q3 2024, while strategically pausing field operations to focus on corporate restructuring and funding for future exploration. With a solid cash balance, Pacgold is poised to capitalize on the high-grade gold mineralization opportunities at the project.
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