Pacgold (ASX:PGO) has released final assay results from the maiden reverse circulation (RC) drill program completed at the St George Gold-Antimony Project in northeast Queensland in late 2025.
The drill program was designed to test the depth extent of the ‘extremely high-grade’ gold and antimony surface samples from a 1km strike at St George, with the first nine holes concentrated over a limited 200m of strike.
The assays from the final seven drillholes have continued to define continuous structures of high grade antimony, with results including 1m @ 12.8% antimony from 41m downhole; 3m @ 1.6% antimony from 67m downhole, including 1m @ 4.4% antimony from 68m downhole; 8m @ 0.7 grams per tonne gold from 45m downhole; and 1m @ 1.3g/t gold from 82m downhole.
Managing Director Matthew Boyes says that the new high grade antimony figures from St George confirms the large mineralised system at the project.
“The upside over this vast tenement package is immense and 2026 is shaping up to be a massive year for our exploration crews,” Boyes says.
“Having spent three months late last year developing our drill targets for 2026, we have only drill tested 200m of strike of over 20km of high-grade geochemical anomalies with mineralisation open in all directions.”
Pacgold is now planning follow up drilling for Q2 2026 following North Queensland’s wet season. First pass drilling is also in planning for the high priority targets at Fence and Ridgeline once heritage clearances have been confirmed.
The company is also awaiting the laboratory results of additional rock chip sampling from the Big Watson and Zeb targets.
Pacgold is an exploration company with projects in North Queensland and South Australia, with the flagship Alice River Gold Project in Queensland. The St George Gold-Antimony Project is located within a developing antimony province in the region.
It is presenting at the RIU Explorers Conference in Fremantle, Western Australia being held from 17-19 February. Mining.com.au is an official media partner at this year’s event.
Write to Amy Rotman at Mining.com.au
Images: Pacgold
