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Pacgold Limited ( (AU:PGO) ) has issued an update.
Pacgold will shortly commence re-crushing the top lift of the existing heap leach pad at its White Dam Gold Project, following the mobilisation of a new Metso screen, Metso HP300 cone crusher and radial stacker under a hire purchase agreement. The circuit is designed for a throughput of about 350 tonnes per hour, and the re-crush campaign is expected to underpin forecast production for 2026-2027 once supporting assay and LeachWELL test work results are received.
Recent heavy rainfall delivered around 100mm to the White Dam site, temporarily restricting access and delaying refurbishment works on several CIC columns, although leaching operations have continued with the benefit of additional water in the pad and storage ponds. Pacgold expects the plant to return to full nameplate capacity after this short disruption as it ramps up leaching and irrigation, positioning the project for increased gold output and operational momentum.
The most recent analyst rating on (AU:PGO) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Pacgold Limited stock, see the AU:PGO Stock Forecast page.
More about Pacgold Limited
Pacgold Limited is an Australian gold developer focused on the 100%-owned White Dam Gold Project in South Australia’s Olary Province, about 80km east of Broken Hill. The company is advancing heap leach operations at White Dam, targeting increased gold recovery and production through process optimisation and refurbishment of existing infrastructure.
Average Trading Volume: 3,530,621
Technical Sentiment Signal: Buy
Current Market Cap: A$60.61M
See more insights into PGO stock on TipRanks’ Stock Analysis page.

