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Pacgold Limited (ASX:PGO)

ALERT: Price-sensitive ASX Announcement for PGO
Current share price for PGO : $0.110 0.043 (64.18%)+
Announcement
Release
18 Dec 2025 8:22AM
Price at Release
$0.067
Full Release
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Summary
Pacgold Limited has received approval to restart heap leach irrigation at the White Dam Gold Project in South Australia. The approval allows the utilization of the relined Pregnant Leach Solution pond and the commencement of irrigation on the northern side of the pad. The project involves turning over 500,000 tons of original run-of-mine ore to enhance gold recovery. Drilling activities are ongoing, with a focus on upgrading resources at the Vertigo pit. This milestone is part of Pacgold's plan to resume full gold production, and the company anticipates a successful year ahead with further exploration efforts in Queensland and South Australia.
Key Points
  • Approval received for heap leach irrigation restart at White Dam.
  • Utilization of the relined Pregnant Leach Solution pond approved.
  • Irrigation to commence on the northern side of the pad.
  • 500,000 tons of ore being turned over to enhance gold recovery.
  • Ongoing drilling at the Vertigo pit to upgrade resources.
  • Pacgold aims to resume full gold production at White Dam.
  • Continued exploration efforts in Queensland and South Australia.
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.