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 (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 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 (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
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 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 (ASX: PGO)
Have issued an updated corporate presentation for the recent Noosa Mining Conference in Australia.
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
City Investors Circle
Have published the Market Review for September 2022.
Companies mentioned include Argosy Minerals, Calidus Resources, Karora Resources, Neometals, Pacgold, and Westhaven Gold. Continue reading
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 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 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.
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
Pacgold (ASX: PGO)
Is a gold exploration company focused on progressing its key asset, the Alice River Gold Project in North Queensland, and has been added to the City Investors Circle early stage company watchlist. Continue reading
