• Shallow oxide gold mineralization identified in extensions of Vertigo deposit
• Assay results include high-grade intersections such as 13m @ 1.3g/t Au
• Mineral Resource Estimate update expected in early Q3 2026
• Fast-tracking Vertigo mine restart with new pad expansion design
• Drilling of White Dam North shallow MRE in progress

Pacgold Ltd announced the completion of infill and extension drilling at the Vertigo deposit, part of the White Dam Gold Project in South Australia. The drilling identified significant shallow oxide gold mineralization, with high-grade intersections such as 13m @ 1.3g/t Au. An updated Mineral Resource Estimate is in progress, with completion expected in early Q3 2026. The company is fast-tracking the Vertigo mine restart with new pad expansion design, aiming to bring forward gold production with high recovery and reduce pre-strip costs. Drilling of the White Dam North shallow MRE is also in progress, with the program scheduled to be completed by the end of Q3.

Pacgold is optimistic about the potential of the identified shallow gold extensions to significantly reduce pre-strip costs and bring forward gold production. The company is also exploring additional targets within the White Dam Mining Leases.