Peregrine Gold Ltd. (AU:PGD) has released an update.
Peregrine Gold Ltd. has discovered a promising new gold prospect named the Kangaroo Prospect within their Newman Gold Project, situated 10 kilometers east of the Peninsula Prospect. High-grade gold findings have been reported in stream sediment and soil samples, with concentrations up to 4.9g/t Au and 7.7g/t Au respectively. The company plans to extend its reconnaissance efforts and soil sampling in the area, which is geologically characterized by basaltic lithologies and quartz veining.
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