Peregrine Gold Limited provides drilling and exploration update

Peregrine Gold Limited (ASX: $PGD) has successfully completed the reverse circulation (RC) drilling at the Tin Can Prospect, part of its flagship Newman Gold Project. A total of 31 holes were drilled, covering 1,710 meters, with 4m composites submitted for lab assay. The geological logging during drilling has provided encouraging results. The company continues its regional reconnaissance exploration.

Executive Commentary on Tin Can Drilling and Regional Exploration

The completion of RC drilling at the Tin Can Prospect marks a significant milestone for Peregrine Gold Limited. The consistent interception of the hanging wall talcose schist and the observed marker horizon during the drilling program provide positive indications. We are eagerly awaiting the assay results in the coming weeks. Additionally, our ongoing regional reconnaissance exploration reaffirms our commitment to unlocking the full potential of the Newman Gold Project.

Summary of ASX Announcement and Outlook

Peregrine Gold Limited has successfully concluded the RC drilling at the Tin Can Prospect, with promising geological observations. The company's focus on regional reconnaissance exploration demonstrates its dedication to uncovering further opportunities within the Newman Gold Project. With assay results expected in the coming weeks, Peregrine Gold Limited remains optimistic about the future prospects of the Newman Gold Project and is confident in its potential to evolve into a significant gold camp in Australia.