Pacgold Limited (AU:PGO) has released an update.
Pacgold Limited is set to launch a large-scale aircore and reverse circulation drilling program at its Alice River Gold Project, aiming to explore untested strike extensions across 14km and identify multiple high-potential drill targets for the upcoming 2025 season. The company’s new Managing Director expressed confidence in the project’s potential, citing a high success rate in previous drillings and the commencement of drilling in the near future. This exploration campaign is designed to further understand and exploit the gold system in the region, which has shown promising signs of significant mineralization.
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