Prodigy Gold NL (ASX: PRX) has released the final results of its drilling program at Tregony North, part of the Tanami North Project in Northern Territory, Australia. The 28-hole Reverse Circulation drilling program, completed in September 2024, included significant gold intercepts, promising an update of the Tregony Mineral Resource soon.
Prodigy Gold NL has announced promising results from its recent drilling program at the Tregony North prospect. The significant gold intercepts are expected to lead to an update of the Mineral Resource estimate for Tregony in the coming months. The geological context reveals over 50 mineralised lodes within the Suplejack Shear Zone, contributing to a revised Mineral Resource of 1.56 million tonnes at 1.3 g/t gold for 64,000 ounces. Management has expressed the potential for further resource growth and strategic importance of this deposit. Future plans include additional drilling in 2025 and the exploration of other prospects like Pandora and Brokenwood. Prodigy Gold's strategic plan focuses on advancing exploration at the Tanami North Project, conducting mining option studies, and evaluating targets for exploration or divestment.
The potential for resource growth at Tregony North and the strategic importance of this deposit are highlighted by these results.