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Plc Resources Limited (ASX:PLC)

ALERT: Price-sensitive ASX Announcement for PLC
Current share price for PLC : $0.008 0.002 (33.33%)+
Announcement
Release
27 Nov 2025 8:23AM
Price at Release
$0.006
Full Release
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Summary
Premier1 Lithium Limited announced significant expansion in the Rochefort gold-in-soil anomaly at its Abbotts North Project after infill soil sampling. This anomaly now spans 350 x 350 meters and remains open southward, with high gold values reaching up to 30 ppb. Re-analyses of historical airborne magnetic data revealed a significantly larger quartz dolerite corridor, which is known to host several major gold systems in the region, thus broadening the prospective exploration footprint. The Rochefort Prospect's strategic location 20 km north of the Crown Prince deposit further underscores its potential, marking it as a high-priority drilling target.
Key Points
  • Significant expansion of the Rochefort gold anomaly with infill soil sampling.
  • Anomaly measures 350m x 350m; remains open to the south.
  • Gold values up to 30 ppb, indicating a concealed gold system.
  • Reprocessing of magnetic data expanded quartz dolerite corridor.
  • Rochefort sits in a structurally favorable setting with dolerite intrusions.
  • Located 20 km north of the Crown Prince deposit.
  • Rochefort is a priority drill target at the Abbotts North Project.
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.