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An announcement from Pacgold Limited ( (AU:PGO) ) is now available.
Pacgold Limited announced significant findings from its latest aircore drilling at the Alice River Gold Project, revealing a 12km long geochemical anomaly indicative of a potentially large gold deposit. The company plans to commence extensive Reverse Circulation drilling in early April to explore these findings further, alongside an Induced Polarisation programme set for May. Pacgold remains financially robust with over AUD $3M in funds, supporting its exploration activities aimed at demonstrating the project’s growth potential.
More about Pacgold Limited
Pacgold Limited is a gold exploration company focused on the development of the Alice River Gold Project in North Queensland, Australia. The company is engaged in identifying and developing gold deposits through extensive drilling programs.
YTD Price Performance: -27.50%
Average Trading Volume: 177,794
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7.62M
For a thorough assessment of PGO stock, go to TipRanks’ Stock Analysis page.
