image_pdfimage_print

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

Continue reading

Pacgold F1a Zone Delivers High-Grade Gold

Pacgold Limited (ASX: PGO)

Provided an update of step-out drilling assay results from the Company’s Alice River Gold Project.

To date, 30 diamond and Reverse circulation drill holes have been completed on the Central Target in the current programme, with assay results pending for 13 drill holes targeting the F1a zone.  Continue reading

Mining Review 25th September

Mining Review Sunday Update 25th Sep.

Interest rates soared this week, the US dollar reached a 22 year high, and gold tanked as a result, losing 1.79% over the week.

Mining stocks tumbled once again, there were some extreme falls, one example being Colonial Coal, which fell 15.3% on Friday in a single day!  Continue reading

Pacgold Declares Bonanza Gold Grades

Link

Pacgold Limited (ASX: PGO)

Provided an update of drilling assay results from the Company’s Alice River Gold Project. The highlight was 1.9m @ 87.0g/t Au (ARDH051).

To date, 26 drill holes have been completed on the Central Target in the current programme, with assay results pending for 13 drill holes targeting the F1a zone.   Continue reading

Mining Review Sunday Update 11th Sep. 2022

Mining Review 11th Sep. 2022

The world mourned the loss of Queen Elizabeth 2, due to her sad death after 70 years of loyal service to the UK and Commonwealth of nations.

This was the week that the market finally accepted the September rate hike will be hawkish, took it in its stride, and gold, metals, bonds, crypto, and equities rode up whilst the dollar fell slightly.

Continue reading

Pacgold Report Spectacular Visible Gold

Pacgold Limited (ASX: PGO)

Provided an update on the Alice River drilling programme.

A spectacular intersection from the newly drilled ARDH061, with over 200 occurrences of visible gold over a 16.4m wide downhole interval (from 242m), representing the best intersection of visible gold drilled to date at Alice River.  Continue reading