Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | Prospa Group Ltd (PGL.ASX) |
|---|---|
| Release Time | 20 Jul 2026, 9:18 a.m. |
| Price Sensitive | Yes |
Pilbara Gold Quarterly Activities Report
- 50,000m drilling campaign at Mt York underway with initial results expected in late July
- Mt York Pre-Feasibility Study (PFS) progressing with target completion in Q2 CY2027
- Drilling at Roe Hills Project resumes after eight-year hiatus with 12,000m planned
- Board changes include appointment of Martin Reed and Jeff Bowen
- Cash balance of $27.6M to fund ongoing exploration activities
Pilbara Gold Limited (ASX: PGL) reports on its activities for the quarter ended 30 June 2026, highlighting significant progress in its Mt York and Roe Hills projects. At Mt York, the company has completed approximately 13,000m of a planned 50,000m drilling campaign, with initial assay results expected in late July. The Mt York Pre-Feasibility Study (PFS) is progressing well, with a target completion date of Q2 CY2027. At Roe Hills, drilling has commenced at the Terra and Caliburn Prospects following completion of Aboriginal heritage surveys, with up to 12,000m of drilling planned. The company also announces changes to its Board and Management, including the appointment of mining engineer Martin Reed and metallurgist Jeff Bowen. Pilbara Gold's cash balance stands at $27.6M, with the majority of the $3.3M expenditure directed towards drilling activities.
Initial results from Mt York drilling expected late July 2026
Pilbara Gold is optimistic about the potential of its Mt York and Roe Hills projects, with a focus on extending mineralisation and advancing towards a Pre-Feasibility Study for Mt York.