Exploration commences at St George Gold-Antimony Project

Open PDF
Stock Pacgold Ltd (PGO.ASX)
Release Time 22 Sep 2025, 8:27 a.m.
Price Sensitive Yes
 Exploration commences at St George Gold-Antimony Project
Key Points
  • EXTENSIVE SITE VISIT COMPLETED with evidence of significant large, structurally stacked outcrops hosting large amounts of visible stibnite
  • REGIONAL GEOCHEMICAL PROGRAMME COMMENCING over 25km2 area to define Au-Sb and pathfinder element signature
  • GEOPHYSICS COMMENCING IN OCTOBER with Pole-Dipole and IP Gradient array programmes over known Au-Sb mineralisation
Full Summary

Pacgold has commenced exploration programmes at the St George Gold-Antimony Project, with an extensive site visit completed that identified significant large, structurally stacked outcrops hosting large amounts of visible stibnite. A regional soil geochemical programme over 25km2 has now commenced, designed to define the Au-Sb and pathfinder element signature of the area which hosts several historical artisanal mine workings. Pacgold has also engaged Planetary Geophysics to carry out Pole-Dipole and IP Gradient array programmes over selected target areas of outcropping Au-Sb mineralisation, scheduled to commence in early October. These programmes will assist in prioritising areas for follow-up drilling later in Q4 2025. Exploration is also continuing at Pacgold's Alice River Gold Project, with an RC rig now focusing on testing the high priority White Lion geophysical targets.

Outlook

Pacgold expects the soil geochemical sampling and geophysical programmes at the St George Gold-Antimony Project to define multiple new targets for follow-up drilling later in Q4 2025. The company aims to drill its first holes into the St George Project before the end of the year.