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colitco Β· 12 days ago
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πŸ“’ PACGOLD (ASX: PGO) UNLOCKING A HIGH-GRADE GOLD DISTRICT IN NORTH QUEENSLAND! πŸ†β›οΈ
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Pacgold Limited (ASX: PGO) is driving major exploration success at the Alice River Gold Project, with high-grade gold discoveries reinforcing its multi-million-ounce potential. Recent drilling results include an exceptional 8m @ 55.9g/t Au, confirming a large-scale gold system across a 30km mineralised corridor.
πŸ” Exploration Snapshot: βœ… Exceptional Gold Intersections: 24m @ 8.0g/t Au | 14.9m @ 10.3g/t Au βœ… Cutting-Edge Geophysics: Defining gold-rich structures beneath shallow cover βœ… Strong Financial Position: A$13.0M market cap, 84.1M shares on issue, and 28% institutional backing
πŸ—£οΈ Managing Director Matthew Boyes stated: β€œOur exploration strategy is systematically unlocking the high-grade potential of Alice River, positioning Pacgold as a first mover in a vastly underexplored gold corridor.”
πŸ“ Investor Outlook: Pacgold (ASX: PGO) is well-funded and strategically positioned in one of Australia’s most prospective gold regions. With modern exploration advancing, the company is poised for significant resource growth.
πŸ“ˆ ASX: PGO is currently trading at A$0.068, reflecting growing market confidence in its high-grade gold discoveries.
πŸ“ Read more: https://colitco.com/pacgold-unveils-strong-half-year-progress/
⚠️ This is not investment advice. Please do your own research before making any investment decisions.
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