PC2.ASX: Strong Assay Results and Strategic Tenement Acquisition

Strong Assay Results and Strategic Tenement Acquisition

Stock	PC2.ASX (PC2.ASX)
Release Time	16 Jun 2026, 8:18 a.m.
Price Sensitive	Yes

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PC2.ASX Announces Strong Assay Results and Tenement Acquisition

Key Points

New assay results from Macau Link Zone and Macau Footwall Zone
Strategic acquisition of adjoining exploration licence
Four-rig exploration campaign underway at Spring Hill

Full Summary

PC Gold Ltd (ASX: PC2) has announced strong assay results from its 100%-owned Spring Hill Gold Project in the Northern Territory. The latest drilling has delivered significant intercepts, including 9.5m @ 3.04 g/t Au from 189.6m and 6.0m @ 5.16 g/t Au from 209.6m in the Macau Link Zone. The newly identified Macau Footwall Zone also returned encouraging results, with 22.0m @ 2.60 g/t Au from 164m. These results are not included in the Mineral Resource Estimate currently being finalised. The company is also in the process of acquiring an adjoining exploration licence, increasing its landholding by approximately 68km² and securing highly prospective tenure. Four rigs are currently active at Spring Hill, with a ~20,000m RC program targeting resource growth and conversion opportunities.

Outlook

PC Gold is entering its most active exploration season to date, with significant opportunities for growth both within and beyond the current resource footprint.