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Peregrine Gold Ltd. Advances Exploration with New Drilling Programs and Strong Financial Position

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Peregrine Gold Ltd. Advances Exploration with New Drilling Programs and Strong Financial Position

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Peregrine Gold Ltd. ( (AU:PGD) ) has shared an announcement.

Peregrine Gold Ltd. has reported significant progress in its exploration activities for the quarter ending June 30, 2025. The company completed an Induced Polarisation survey at its Epithermal and Birdsnest Prospects and commenced an 8,100-meter Aircore drill program at Tin Can and Tin Can West. An additional 1,091 meters were drilled at the Epithermal Prospect. The company also successfully closed a Shortfall Offer, raising over $0.8 million, and ended the quarter with $2.8 million in cash and liquid investments, providing a strong foundation for further exploration. These developments are expected to enhance Peregrine’s exploration capabilities and potentially expand its resource base, strengthening its position in the gold exploration sector.

More about Peregrine Gold Ltd.

Peregrine Gold Ltd. operates in the mining industry, focusing primarily on gold exploration. The company is engaged in identifying and developing gold prospects, with a particular emphasis on its Newman Gold Project in Australia.

Average Trading Volume: 225,665

Technical Sentiment Signal: Buy

For detailed information about PGD stock, go to TipRanks’ Stock Analysis page.

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