PC Gold (ASX:PC2) reports recent diamond drill results exceed the estimated block model grades at the Spring Hill Gold Project in the Northern Territory.
Executive Chairman Ashley Pattison says progressive step-outs of the Link Zone are providing further confidence in the continuity and extent of gold mineralisation.
“The wide 29.65m @ 4.32 grams per tonne Au in SDH26-16 and 33.38m @ 2.17g/t Au interval in SDH26-017 are particularly pleasing,” Pattison says.
“These results will be incorporated into the updated MRE [mineral resource estimate] targeted for December 2026. Our aim with this update is to include all the drilling completed post the April 2026 cut-off date for the interim MRE released in July 2026.
“With assays still pending for significant sections of two of these 10 holes, we look forward to reporting further results to the market as they are received.”
Some of the other assays include 34m @ 2.07g/t Au from 301m; 10.8m @ 3.64g/t Au from 306.2m; 5m @ 4.29g/t Au from 87m; and 38m @ 1.32g/t Au from 13m.
As part of the drill program, 10 holes were drilled for a combined 3,690.2m. Drilling tested extensions to known mineralisation and infill drilling within the broader Spring Hill deposit.
The remaining assays for the outstanding intervals are expected over the coming weeks and will be reported to the market as they are received and reviewed.
PC Gold notes that the results will be incorporated into the company’s ongoing geological interpretation of the Spring Hill deposit.
Spring Hill is considered a substantial gold system hosting mineralisation within granted mining leases, with environmental approvals already in place to begin open-pit mining and underground refurbishment.
PC Gold is a gold explorer and developer focused on unlocking the full potential of its flagship Spring Hill Project in the Northern Territory.
Write to Aaliyah Rogan at Mining.com.au
Main image: PC Gold
