Pacgold (ASX:PGO) has identified a gold and antimony anomaly at the St George Project in northeast Queensland, extending 14km and remaining open along strike.
The company conducted a soil sampling campaign which confirmed anomalies to be coexistent with gold and antimony-bearing veins over 7km of strike on each structure.
The company is currently awaiting assay results from a geophysical induced polarisation gradient array and pole-dipole program and from a firstpass reverse circulation drilling campaign at St George.
Managing Director Matthew Boyes says the company has advanced exploration at the St George quickly, focusing on completing an “extensive first pass soil geochemical program in conjunction with mapping and rock chip sampling of outcropping mineralisation over the past six weeks”.
“Initial rock chip sample assays have produced some outstanding gold and antimony values from structures at surface with considerable mapped strike extents with both Ridgeline and Fence prospects sampled over 3km and 2km in strike length respectively,” Boyes says.
“Its crucial to point out that these outstanding soil anomalies were acquired over tenements located 5km to the south of the St George historical mine location demonstrating the extent and consistency of mineralisation within the tenement package.
“This tenement package has some of the most well-developed antimony-rich veins across the entire Hodgkinson province.
“With this newly acquired geochemical data Pacgold’s team can now focus in on target development and selection of drill sites for the coming campaign, this will be an extensive program to give the team the best chance of making multiple significant discoveries in what is fast becoming the premier gold-antimony province in Australia.”
Meanwhile, the company is also awaiting results from infill soil sampling at the Fence and Ridgeline prospects, collected at200m and expected in December. Samples will allow the company to plan drilling for Q2 2026.
Pacgold is also awaiting geochemical soil samples from the Zebs and Bib Watson prospects.
Write to Maddison Elliott at Mining.com.au
Images: Pacgold
