PGO 0.00% 9.0¢ pacgold limited

Ann: PGO HITS NEW HIGH GRADE INTERSECTION AT COOLGARDIE PROJECT, page-3

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  1. 5,336 Posts.
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    HIGHLIGHTS
     High grade intersection of 6m at 10.6g/t gold from 87m
     Intersection outside of known gold mineralisation areas at the Coolgardie Gold Project
     Potential new high grade discovery along cross cutting structure ~1.5km from Tycho deposit
     New mineralisation not associated with geochemical anomalies
     New discovery highlights underexplored potential of Coolgardie with follow up drilling required
    Initial drilling program now complete, remaining drill assays results and interpretation pending

    bit of near term news flow coming as the assay results come in, looking forward to a solid week/month of action on PGO

    the fact they are hitting meaningful grades outside of previously known mineralisations means they got a great deal on the land and we could be set for a bumper mining plan
 
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