Pacgold’s White Lion Prospect Ignites Exploration Buzz with Major Geophysical Breakthrough
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Pacgold Limited ’s (ASX: PGO) White Lion Prospect just became one of North Queensland’s most exciting gold exploration targets—thanks to a game-changing geophysical discovery that could reshape the future of the Alice River Gold Project. In a detailed ASX update released on 10 July 2025 , Pacgold revealed the delineation of a large, high-intensity IP (Induced Polarisation) anomaly that directly overlaps a strong magnetic “bullseye” feature. This combination is a classic signpost in the search for intrusion-related gold systems (IRGS)—and one that bears striking resemblance to Queensland’s 5Moz Mt Leyshon deposit. A Bullseye in the Making The newly mapped anomaly at White Lion spans 1.0km x 1.5km , positioned just south of the mineralised Alice River Fault Zone (ARFZ). Pacgold’s geophysics team uncovered a textbook “donut-shaped” magnetic inversion at around 200 metres depth—encircling high-chargeability zones typical of sulphide-rich, gold-hosting breccias . Managing Director Matthew B...