PLC.ASX: Maiden RC drilling commences at Rochefort Gold Prospect

Maiden RC drilling commences at Rochefort Gold Prospect

Stock	PREMIER1 Lithium Ltd (PLC.ASX)
Release Time	18 May 2026, 10:01 a.m.
Price Sensitive	Yes

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PLC.ASX Maiden RC Drilling Commences at Rochefort Gold Prospect

Key Points

Maiden RC drilling program has commenced on schedule
Up to 5 RC holes planned for ~1,000 meters
Drilling by Drillwest, samples to Intertek
First assay results expected during Q3 2026

Full Summary

PLC Resources Limited has initiated its maiden Reverse Circulation (RC) drilling program at the Rochefort Gold Prospect within the Abbotts North Gold Project. The program, designed to test a gold anomaly, involves up to five RC holes totaling approximately 1,000 meters. Drilling is being conducted by Drillwest, with samples dispatched to Intertek in Maddington as drilling progresses. The first assay results are anticipated during the third quarter of 2026, contingent on drilling progress and laboratory turnaround times. The Rochefort prospect is strategically located about 20 kilometers north of the Crown Prince deposit, featuring a coherent gold-in-soil anomaly and high-grade rock chip assays.

Guidance

First assay results expected during Q3 2026

Outlook

PLC Resources is optimistic about the potential of the Rochefort Gold Prospect, aiming to validate the gold anomaly and explore its extent and continuity.