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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
22 Dec 2025 10:13AM
Price at Release
$0.067
Full Release
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Summary
Pacgold Limited has released an ASX announcement regarding their St George Project, detailing the maiden drilling results which have intersected high-grade antimony. The project, located in the Palaeozoic Hodgkinson Province of north-eastern Australia, covers approximately 905 square kilometers under seven Exploration Permits for Minerals (EPMs). Five of these permits have already been granted, while two are still under application. The drilling at St George has yielded significant exploration results, which include both high-grade and low-grade findings. Pacgold has entered into a Farm-In and Joint Venture Agreement with Hardrock Mineral Exploration Pty Ltd, allowing them to earn a majority interest in the tenements by meeting specified expenditure milestones. The company plans further geological mapping and drilling activities over the next three years to explore high-priority areas. The data from previous explorations have been compiled into a modern GIS database for analysis to support these future activities.
Key Points
  • Pacgold Limited's maiden drilling intersects high-grade antimony at St George.
  • The St George Project is located in the Palaeozoic Hodgkinson Province, north-eastern Australia.
  • The project covers 905 square kilometers with seven Exploration Permits for Minerals.
  • Pacgold has a Farm-In and Joint Venture Agreement with Hardrock Mineral Exploration Pty Ltd.
  • Drilling results include both high-grade and low-grade findings.
  • Future work includes further geological mapping and drilling over the next three years.
  • Previous exploration data compiled into a GIS database for analysis.
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.