Please find attached the results of our first deeper diamond drilling programme. Drilling went down to 200m and intersected some spectacular widths and grades.
We can now clearly demonstrate that Castle Hill’s multi million ounce potential with grade improving with depth and remaining open in all directions.
This is a very large gold system and we have defined up to 3,000 per vertical metres in Stage 1. Easy open cut mining and conventional milling with 4 other projects with in 15km.
Castle Hill is certainly living up to its name as our flagship and company making asset.
We will release a full geological summary shortly showing a lot more detail on the project and are now looking ahead to double the Resource at Castle Hill and push the total resource to 3-4M oz.
Kind Regards, Jon Price
PXG Price at posting:
24.2¢ Sentiment: LT Buy Disclosure: Held
