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Pacgold Limited ( (AU:PGO) ) has provided an update.
Pacgold Limited has commenced its maiden Reverse Circulation (RC) drilling program at the St George Gold-Antimony Project in northeast Queensland. This initiative aims to explore the depth of high-grade gold-antimony zones identified through rock chip sampling and mapping over a 10km strike length. The program consists of nine holes covering 900 meters and is expected to conclude within two weeks, with assay results anticipated in six weeks. This marks a significant phase for Pacgold as it seeks to capitalize on the promising potential of the St George site, enhancing its exploration portfolio and offering new opportunities for stakeholders.
More about Pacgold Limited
Pacgold Limited operates in the mining industry, focusing on the exploration and development of gold and antimony resources. The company is primarily engaged in identifying and developing high-grade mineral projects in Queensland, Australia.
Average Trading Volume: 1,876,271
Technical Sentiment Signal: Sell
Current Market Cap: A$18.66M
For detailed information about PGO stock, go to TipRanks’ Stock Analysis page.