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Peregrine Gold Ltd (ASX:PGD)

ALERT: Price-sensitive ASX Announcement for PGD
Current share price for PGD : $0.098 -0.147 (-60%)+
Announcement
Release
11 Dec 2025 10:14AM
Price at Release
$0.245
Full Release
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Summary
Peregrine Gold Limited, through its subsidiary Retention Resources Pty Ltd, has expanded its Rocklea Gold Project in the Pilbara Region of Western Australia with the acquisition of a tenement application from Nearology Pty Ltd. This strategic acquisition of tenement E47/4282 increases Peregrine's footprint in the Hardey, Bongal, and Pyradie Formations, known for gold mineralisation. The transaction involves a cash payment of $10,000 and the issuance of approximately $70,000 in shares, with additional shares offered to an unrelated party for facilitating the acquisition. The expansion supports ongoing and future exploration activities planned for 2026. The announcement underscores the prospective nature of the area and aligns with Peregrine's goals of advancing exploration across its Pilbara projects.
Key Points
  • Peregrine expands Rocklea Gold Project in Pilbara, WA.
  • Acquisition of tenement E47/4282 from Nearology Pty Ltd.
  • Transaction includes $10,000 cash and $70,000 in shares.
  • Strategic addition to existing Pilbara gold projects.
  • Focus on Hardey, Bongal, and Pyradie Formations.
  • Plans for fieldwork and exploration in 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.