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Pacgold Limited ( (AU:PGO) ) has shared an announcement.
Pacgold Limited has announced promising results from its recent drilling campaigns at the Alice River Gold Project, indicating the potential for a large bulk tonnage gold system. The recalculation of historic drill intervals and recent exploration efforts have revealed multiple new targets, with significant gold intersections at the Central, Southern, and The Shadows targets. This expansion of the known mineralized zones enhances the project’s potential, positioning Pacgold to further explore and develop these promising areas, thus potentially increasing its market value and stakeholder interest.
More about Pacgold Limited
Pacgold Limited is a Queensland-focused gold exploration company primarily engaged in exploring and developing gold projects. Their main project is the Alice River Gold Project, located 300km northwest of Cairns, North Queensland, which aims to identify significant gold mineralization systems.
YTD Price Performance: 1.33%
Average Trading Volume: 205,970
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.99M
For detailed information about PGO stock, go to TipRanks’ Stock Analysis page.
