PC2.ASX: Spring Hill Metallurgy Delivers up to 99.4% Gold Extraction

Spring Hill Metallurgy Delivers up to 99.4% Gold Extraction

Stock	PC Gold Ltd (PC2.ASX)
Release Time	19 Aug 2026, 8:03 a.m.
Price Sensitive	Yes

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PC2.ASX Reports High Gold Extraction Rates at Spring Hill

Key Points

Strong gravity gold recoveries ranging between 33.1 to 48.9%.
All domains reported recoveries between 90.2 to 99.4% overall extraction of Au at coarse grind size.
Very low lime and cyanide consumption.
Low deleterious and hazardous element profile.
PFS on track for delivery in mid-November 2026.

Full Summary

PC Gold Ltd (ASX: PC2) has announced promising results from the metallurgical testwork at its Spring Hill Gold Project. The testwork, conducted by Bureau Veritas under the supervision of Strategic Metallurgy, showed strong gravity gold recoveries ranging between 33.1 to 48.9%. Notably, all domains reported recoveries between 90.2 to 99.4% overall extraction of gold at a coarse grind size of P80 106 and up to 150 µm. The weathered zones, in particular, demonstrated free-milling characteristics, achieving 99.4% Au extraction at a coarse grind size of P80 150µm. The testwork also highlighted very low lime and cyanide consumption, driven by the high-quality site water and the absence of cyanicides. The Pre-Feasibility Study (PFS) is on track for delivery in mid-November 2026.