Pacgold reveals significant gold findings

Pacgold (ASX:PGO) has announced promising results from its initial Aircore assay at the Alice River Gold Project in North Queensland. The results highlight a high-grade gold-arsenic anomaly at 'The Shadows' Prospect and a new geochemical zone 'Apache'.

Overview of Pacgold's exploration progress

Pacgold has shared significant results from its Alice River Gold Project, indicating a promising high-grade gold-arsenic anomaly at 'The Shadows' Prospect. The anomaly extends over 1.4 kilometers in strike length and up to 200 meters in width, remaining open along the strike for further exploration. Additionally, the discovery of the 'Apache' zone suggests a new mineralized corridor parallel to 'The Shadows'. The company has completed its Reverse Circulation drilling campaign and plans to continue exploration with an extensive program in 2025. These findings emphasize Pacgold's commitment to advancing its exploration efforts at the Alice River Gold Project.

Executive insights on Alice River findings

The initial assay results from our Aircore drilling program at the Alice River Gold Project are very encouraging. The delineation of a high-grade gold-arsenic anomaly at The Shadows Prospect, along with the identification of a new geochemical zone at Apache, highlights the significant exploration potential of this project. We are looking forward to further testing these targets with our planned drilling campaigns.