ASX Briefs...everything...in three bullet points

PACGOLD LIMITED (ASX: PGO)

First 2023 drilling at Alice River Southern Target intersects broad zones of veining within a targeted IP anomaly.
New IP anomaly extends >400m, potentially linking Southern Target gold zones over a strike of >1.8km.
Several similar, high-priority IP geophysics anomalies occur under shallow cover, representing targets for the next phase of drilling.

2023-05-29 08:46:00

Diamond drilling recommenced on Central and Southern Targets with two rigs in a 5,000m programme.
Resource step-out drilling on Central Target will focus on extending high-grade gold zones and defining new ones.
Southern Target drilling aims to investigate depth extensions of the broad gold system defined by shallow historical drilling.

2023-05-03 08:20:00

Significant extensions to the Alice River fault zone and new parallel structures identified using gradient array Induced Polarisation (IP) geophysics over a 30km corridor.
Infill IP geophysics on the Northern Target has identified several new priority targets with strong similarities to the Central Target high-grade gold discovery.
Recommencement of resource step-out drilling planned for April 2023, with initial drilling of priority regional targets in Q3 2023.

2023-03-02 08:48:00

Excellent gold recoveries achieved with gravity separation and cyanidation on two composite drill samples of high-grade gold mineralisation from the F1a zone
45.6% of gold recovered via simple gravity separation
Conventional Carbon-in-Leach processing shows good recoveries, with encouraging sighter test results for continued metallurgical test work in parallel with ongoing drill program

2023-02-15 09:24:00

Pacgold have received highly positive results from IP geophysics survey and initial shallow diamond drilling program me at Alice River Project in QLD.
Results have delineated a 2km extension of the Southern Target IP resistivity low structural corridor, open for further extension.
Shallow historical drilling provides Pacgold with opportunity for exploration success at depth as per 2021/22 Central Target drilling program me.

2023-01-31 08:29:00

Continued expansion of high-grade gold mineralisation on the F1a Zone and discovery of a northern high-grade gold zone.
Four high-grade gold shoots identified within granted mining leases over 800m strike and 500m depth.
Initial metallurgical test-work underway, results expected mid-February 2023.

2023-01-19 08:44:00