Pacgold’s Alice River Project Shines with Exceptional Drilling Results and Strategic Expansion Plans
Pacgold Limited (ASX: PGO) is rapidly emerging as a standout name in Australia’s junior gold exploration sector, thanks to a highly encouraging quarterly update that underscores the world-class potential of its Alice River Gold Project in North Queensland. From drilling success to regional target breakthroughs and a strengthened balance sheet, Pacgold’s latest quarterly activities report presents a clear case for why investors and industry watchers should be paying close attention. Striking Gold: High-Grade Intersections at Central Target The cornerstone of Pacgold’s Q2 2025 performance is the remarkable progress made at the Central Target within the Alice River Project. Recent reverse circulation (RC) drilling has delivered multiple thick, high-grade intersections, such as: 48m @ 2.1g/t Au (including 2m @ 29g/t Au) 50m @ 1.0g/t Au from surface 74m @ 0.8g/t Au with higher-grade zones These intercepts confirm a bulk tonnage gold system along the Alice River Fault Zone, demonstra...