PGO Price sensitive 28 May 2026, 8:17 AM

Vertigo Deposit Drilling Recommenced at White Dam

Pacgold Ltd

Pacgold Recommences Drilling at Vertigo Deposit

Key points

  • Drilling recommenced at Vertigo deposit
  • Irrigation of 100,000t of new re-crush material underway
  • Additional 3,000m of RC drilling planned for resource expansion

Full summary

Pacgold Limited (ASX: PGO) has recommenced drilling at the Vertigo deposit as part of its three-phase growth strategy to restart full-scale production at the White Dam Gold Project. The company plans 3,000m of Reverse Circulation drilling to target potential extensions to the existing Mineral Resource Estimate (MRE). Additionally, approximately 100,000 tonnes of re-crushed material are under irrigation, aiming for early cash flow. Permits for White Dam North and Rolling drilling have been received, with drilling set to start after Vertigo drilling completion. Entech has been awarded the contract to update the Mineral Resource Estimate and run new optimizations and mine designs. The heap leach pad expansion design is approximately 50% completed, with final designs expected in Q3 2026.

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