1.5km Gold Target Emerges at Pine Creek

Key points

• New 1.5km gold target J25 identified at Pine Creek
• Surface sampling results up to 0.99g/t Au
• Four drill rigs currently active on the project

Full summary

Patronus Resources (ASX: PTN) has identified a new 1.5km gold target, J25, at its Pine Creek project in the Northern Territory. Surface sampling results from the J25 prospect include up to 0.99g/t Au, indicating a significant new gold target. The company is currently advancing its exploration with four drill rigs active on the project. The J25 target is located along the Western Shear Zone, a structural corridor that has seen very little modern exploration. This discovery adds to the growing pipeline of drill-ready opportunities at Pine Creek.