#arfz

Pacgold Limited (ASX: PGO) has recalculated key drilling intervals at its 100%-owned Alice River Gold Project, confirming the potential for a large-scale Intrusive Related Gold System. Updated results support a bulk-tonnage model at the Central Target:

ARDH044: 114m @ 1.8g/t Au from 242m

ARDH007: 30m @ 3.0g/t Au from 103m

ARDH036: 55m @ 1.5g/t Au from 85m

ARDH025: 91m @ 0.9g/t Au from 274m

Anomalism now extends over 12km of near-continuous strike, open north and south—supported by final Aircore results from Victoria to Jerry Dodds.

⚒️ 2025 Exploration Strategy

RC drilling commenced in April targeting high-priority zones

Diamond drilling to follow on Central and Southern Targets

IP survey and drone magnetics at White Lion to begin in May

Infill and extension of untested anomalies planned

🏅 Project Highlights

Extensive drilling and geophysics campaign underway

ARFZ magnetic inversion reveals Mt Leyshon-style alteration

Significant untested strike zones along Alice River & Posie Faults

Mineral Resource update expected in Q2 2025

📈 Investor’s Outlook: ASX: PGO last traded at A$0.066 (+4.76%). The Company held A$2.085M in cash at the end of March 2025. With strong gold tailwinds, growing scale, and an aggressive field program, Pacgold remains one to watch in the junior gold space.

🔗 Read the full announcement - https://clients3.weblink.com.au/pdf/PGO/02939332.pdf

Pacgold Limited (ASX: PGO) has resumed RC drilling at its 100%-owned Alice River Gold Project in North Queensland. The field team has already completed 8 holes totalling 1,118m, with 490 samples submitted for assay—results expected late May.

Drilling is targeting high-grade zones along the Alice River Fault Zone (ARFZ), a major regional structure hosting multiple gold anomalies across a 30km corridor.

⚒️ Exploration Roadmap – Alice River Drilling (Q2–Q4 2025):

Central Target focus with shallow, thick mineralisation

Expansion drilling at Jerry Dodds, Victoria, The Shadows & Posie Prospect

Infill work to refine mineralised zones

Geophysics (IP) and drone magnetics kick off in May

🗣️ Managing Director Matthew Boyes commented: “It’s great to be back on the ground and starting to test the multitude of new targets as well as expanding the known areas of mineralisation… This year is shaping up to be a pivotal season for Pacgold.”

🏅 Project Highlights:

First-ever drilling in upper 70m of Central Target

377km² of tenure with over 30km of gold targets along ARFZ

Comparable mineral systems to Fort Knox (Alaska) and Hemi (WA)

White Lion magnetic anomaly under priority review

Next Steps: With geophysical crews arriving in May and follow-up diamond and aircore drilling on the horizon, Pacgold is positioned for a steady flow of exploration news through 2025.

📈 Investor’s Outlook: ASX: PGO last traded at A$0.066, gaining 4.76%. With strong gold prices and an aggressive drilling campaign focused on the prolific ARFZ, Pacgold presents a leveraged gold exploration opportunity.

⚠️ This is not investment advice. Please conduct your own research before making any investment decisions.