• Prospect-scale rock chip sampling confirms extremely high grades of Antimony and Gold in extensive structurally-controlled veins
• Geochemical soil sampling and IP geophysics completed, assay results expected in mid-November
• First pass RC drilling to commence imminently to test depth extent of Sb-Au bearing vein sets

Pacgold has embarked on a rigorous exploration program at the St George Gold-Antimony Project in northeast Queensland, including surface mapping, rock sampling, and geochemical soil sampling. The rock chip sampling has confirmed extremely high grades of antimony and gold in extensive structurally-controlled veins, with highlights including 52.7% Sb and 2.93g/t Au, 32.6% Sb and 0.58g/t Au, and 9.35% Sb and 10.20g/t Au. The geochemical soil sampling program has been completed over three priority prospects, with assay results expected in mid-November. An IP geophysics program has also been completed in the St George Mine area to determine the nature of the Au-Sb bearing structures in preparation for RC drilling. A first pass RC drilling program is set to commence imminently to test the depth extent of the Sb-Au bearing vein sets, along with targets generated from the IP survey.

Pacgold believes the St George Project has the potential to become a significant Au-Sb province, with the company controlling over 900km2 of exploration tenure in the region. The upcoming RC drilling program, along with the analysis of the geochemical soil and rock chip samples, is expected to provide valuable insights into the depth extent and overall scale of the mineralization.