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The latest announcement is out from Pacgold Limited ( (AU:PGO) ).
Pacgold Limited has announced promising results from its Alice River Gold Project, specifically at the Kapok and Victoria Prospects. The initial aircore drilling at the Kapok Prospect revealed strong gold mineralization, indicating potential for a major gold discovery. Additionally, regional drilling at the Victoria Prospect has extended known gold mineralization, further enhancing the project’s potential. These developments are expected to bolster Pacgold’s position in the gold exploration sector and provide significant opportunities for stakeholders.
More about Pacgold Limited
Pacgold Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily engaged in exploring the Alice River Gold Project located in northeast Queensland, aiming to discover significant gold deposits.
Average Trading Volume: 1,765,589
Technical Sentiment Signal: Sell
Current Market Cap: A$17.53M
See more insights into PGO stock on TipRanks’ Stock Analysis page.