Mining Review 12th October 2025
Orla Mining announced a potential significant discovery at Musselwhite.
Capricorn Metals and Erdene Resource Development both announced updated resources. Continue reading
Tag Archives: Pacgold
Pacgold Raises Funds to Acquire The White Dam Gold Mine
Pacgold (ASX: PGO)
Has successfully raised A$13 million to complete the acquisition of the White Dam Gold project.
Funds raised from the Placement will be applied towards the acquisition of the White Dam Gold Project, refurbishment and restart of existing plant and infrastructure at White Dam, exploration and drill outs on the existing delineated resources. Continue reading
Pacgold Announce Transformational Acquisition
Pacgold (ASX: PGO)
Pacgold announce they are acquiring the White Dam Gold Operation in South Australia.
The Agreement is with GBM Resources Ltd (ASX: GBZ) for the acquisition of 100% of the issued capital of Millstream Resources Pty Ltd, which holds a 100% interest in the Project (‘Acquisition’). Continue reading
Pacgold Halted Pending Announcement of a Project Acquisition
Pacgold (ASX: PGO)
Has requested a trading halt “pending the release of an announcement in connection with the acquisition of a project.” Continue reading
Pacgold Issue Alice River Gold Project Drilling Update
Pacgold Ltd. (ASX: PGO)
Announced results for the second batch of 45 reverse circulation drillholes in this year’s 13,000m RC at the Company’s 100% owned Alice River Gold Project, 300km northwest of Cairns, North Queensland. Continue reading
Mining Review 24th August 2025
Mining Review 24th August 2025
Equinox Gold delivered a solid quarter’s results, prior to the commencement of gold production at their Valentine Mine later this year.
Catalyst Metals announced a new gold discovery outside the existing resource envelope. Continue reading
Pacgold Farm In Agreement to acquire St George Gold-Antimony Project
Pacgold Limited (ASX: PGO)
Announced a farm in agreement on the “St George Antimony” Project , 70km west of Mt Carbine, North Queensland.
The tenement package consists of 7 tenements comprising of 5 granted and 2 tenements in application for a total area of 905km2 within a developing Antimony province in the Hodgkinson Province. Continue reading
Pacgold Publish Alice River Gold Project Maiden MRE
Pacgold (ASX: PGO)
Announced the maiden JORC compliant Mineral Resource Estimate at the Company’s 100% owned Alice River Gold Project, 300km northwest of Cairns, North Queensland.
The initial MRE stands at 12.2Mt @ 1.2g/t Au for 474Koz, within a global estimate of 26.7Mt @ 1.01 g/t Au for 854Koz Au. Continue reading
Mining Review 30th March 2025
Mining Review 30th March 2025
The story of the week was the bid for Gold Road Resources by it’s mining partner at the Gruyere Gold Mine, Gold Fields.
Gold Road responded by calling the bid “opportunistic”, and making an alternative bid to buy out Gold Fields from their half of the Gruyere mine.
Catalyst Metals sold a mine and announced some good drill results.
PacGold Find An extensive Geochemical Anomaly at Alice River
Pacgold (ASX: PGO)
Announced first assay results for the regional Aircore drill campaign at the Alice River Gold Project, 300km northwest of Cairns, North Queensland.
Aircore assays have delineated an outstandingly large and coherent gold-arsenic and antimony (Au-As and Sb) anomaly directly within the known geophysical corridor and extending for 1.4km of strike. Continue reading
Pacgold Reports Positive Progress at Alice River
Pacgold (ASX: PGO)
Announced progress for the Aircore and Reverse Circulation drill campaigns at the Company’s 100% owned Alice River Gold Project, 300km northwest of Cairns, North Queensland.
The Aircore program has been completed,with a total of 749 holes for 7,185m and all samples dispatched for analysis at ALS in Townsville.
Pacgold drilling “Progressing Well”
Pacgold (ASX: PGO)
The Queensland focused gold explorer, is pleased to announce progress for the aircore drill campaign at the Company’s 100% owned Alice River Gold Project, 300km northwest of Cairns, North Queensland. Continue reading
Pacgold to Commence Aircore and RC Drilling at Alice River
Pacgold Limited (ASX: PGO)
Provided an exploration update on the recommencement of a regional aircore and RC drilling campaign at the Company’s 100% owned Alice River Gold Project, 300km northwest of Cairns, North Queensland. Continue reading
Mining Review 6th August 2023
Mining Review 6th August 2023
Maple Gold and Pacgold reported exploration results this week, neither causing much excitement in the market.
Gold fell nearly 1% on US rate news and sentiment, silver, nearly 3%, reversing some of the recent rise. Continue reading
Pacgold Alice River Exploration Update
Pacgold (ASX: PGO)
Announced assay results for the recent drilling at the Central Target within the Alice River Gold Project, 300km northwest of Cairns, Queensland.
To date, four diamond drill holes for 1,802.5m have been completed on the Central Target in the current 2023 programme. Continue reading
Mining Review 4th June
Mining Review 4th June 2023
Once again the price of gold is tumbling after renewed FED hawkish comments about further interest rate rises.
Comments on Ascot Resources, Gold Road Resources, Minera Alamos, Neometals and Pacgold. Continue reading
Pacgold Intersects Targeted Broad Zones of Veining
Pacgold (ASX: PGO)
Provided an update on step-out drilling progress on the Central and Southern Targets at the Company’s Alice River Gold Project 300km northwest of Cairns, North Queensland. Continue reading
Mining Review 5th March 2023
Mining Review 5th March 2023
US interest rate rise expectations failed to suppressed the price of gold, but many miners are back down.
Argosy Minerals delivered a positive production update at their Rincon Lithium Project, and Rumble Resources reported excellent drill results. Continue reading
Pacgold IP Geophysics Confirms District-Scale Opportunity
Pacgold Limited (ASX: PGO)
Provided an update on IP geophysics data processing and interpretation from the Q4 2022 surveys on the Company’s Alice River Gold Project 300km northwest of Cairns, North Queensland.
IP geophysics has extended the resistivity low ‘corridor’ at the Southern Target by an additional 2km to the SE and defines a compelling target that extends more than 3.8km
Pacgold Publish New Corporate Presentation
Pacgold (ASX: PGO)
Have issued an updated corporate presentation for the recent Noosa Mining Conference in Australia.