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Pacgold Limited Reports Promising Drilling Results at Alice River Gold Project

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Pacgold Limited Reports Promising Drilling Results at Alice River Gold Project

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An update from Pacgold Limited ( (AU:PGO) ) is now available.

Pacgold Limited has announced significant progress in its drilling operations at the Alice River Gold Project, with the latest results from 45 reverse circulation drill holes revealing substantial widths of shallow mineralization. The drilling has successfully extended the mineralized zones at the Southern and Central targets, with notable high-grade gold intersections. The company is also advancing its exploration efforts at other priority targets, including Victoria and Jerry Dodds, and plans to commence drilling at the White Lion geophysical target. These developments are expected to enhance the company’s resource estimates and strengthen its position in the gold exploration industry.

More about Pacgold Limited

Pacgold Limited is a Queensland-focused gold exploration company, primarily engaged in the exploration and development of gold projects. The company’s main focus is the Alice River Gold Project, located 300km northwest of Cairns, North Queensland.

Average Trading Volume: 415,131

Technical Sentiment Signal: Sell

Current Market Cap: A$15.16M

See more data about PGO stock on TipRanks’ Stock Analysis page.

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