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Pacgold Limited ( (AU:PGO) ) has issued an announcement.
Pacgold Limited has announced the commencement of a 10,000-meter Reverse Circulation drilling program at its Alice River Gold Project. This initiative aims to expand known gold mineralization in the Central Target area and explore new regional targets. The drilling, which began on April 15, 2025, is part of a broader exploration effort that includes geophysical surveys and drone magnetics. Initial results from the drilling are expected in late May, with the potential to significantly enhance the company’s exploration asset and industry positioning.
More about Pacgold Limited
Pacgold Limited is a Queensland-focused gold exploration company. It is primarily engaged in exploring and developing gold mineralization projects, with a significant focus on its 100% owned Alice River Gold Project located 300km northwest of Cairns, North Queensland.
YTD Price Performance: -22.50%
Average Trading Volume: 315,362
Technical Sentiment Signal: Buy
Current Market Cap: A$8.15M
For detailed information about PGO stock, go to TipRanks’ Stock Analysis page.