• Initial assays from first 2 holes intersect multiple thick continuous structures carrying high grade antimony
• Further 7 holes completed with assays expected early 2026
• St George Project represents newly defined antimony province with extensive geochemical and mapped anomalies over 20km strike

Pacgold has announced initial assay results from the maiden RC drilling programme completed at the St George Gold-Antimony Project in northeast Queensland. The first pass drilling programme was designed to test the depth extent of high-grade gold and antimony surface samples from structurally controlled veins over 1km of strike at the historic St George antimony mine. Assays have been received for the first two holes, with both confirming the sub-surface extension of the mineralised surface quartz veining and intersecting major zones of high-grade antimony with associated gold. Highlights include 8m @ 2.3% Sb, 0.4g/t Au from 16m, including 1m @ 11.9% Sb, and 8m @ 2.3% Sb, 0.2g/t Au from surface, including 2m @ 8.2% Sb. A further 7 holes were completed in the initial 826m programme, with assays expected in early 2026. The Company views these results as highly significant, with the St George Project now representing a newly defined antimony province with extensive geochemical and mapped anomalies extending over 20km strike. Pacgold will rapidly advance this asset given the favourable market outlook for antimony, where significant deficits are forecast driven by extreme supply scarcity outside of China and growing demand from the energy transition and military applications.

Pacgold will design follow up drill programmes at the Fence and Ridgeline Prospects, with heritage clearance and drill approvals to be submitted. Rock chip and soil sampling results are also expected shortly over the Big Watson epithermal target to the south.