What exploration milestone did PLC Resources (ASX:PLC) just achieve?

PLC Resources has officially commenced its maiden Reverse Circulation (RC) drilling programme on schedule at the Rochefort Gold Prospect.

What is the scope of the current drilling programme at the Rochefort Gold Prospect?

The exploration programme is slated to comprise up to five RC holes for an aggregate total of approximately 1,000 metres. This initial, targeted campaign is specifically designed to test the underlying depth and potential of a well-defined gold-in-soil anomaly.

Where is PLC Resources' (ASX:PLC) Abbotts North Gold Project located?

The project is located within the Abbotts Greenstone Belt in Western Australia’s Murchison region, situated roughly 35 kilometres north of Meekatharra.

What prior data led PLC Resources (ASX:PLC) to drill the Rochefort prospect?

According to management, the drilling targets are the result of a methodical, evidence-led targeting process. Prior exploration at Rochefort successfully aligned high-grade rock chips, a coherent gold-in-soil anomaly, and a favourable structural setting, prompting the transition from surface geochemistry and geophysics to active drilling.

How risky is PLC Resources (ASX:PLC) as an investment following this announcement?

PLC Resources remains a highly speculative, early-stage exploration stock, as reflected by its micro-cap share price of $0.010 at the time of reporting. While commencing drilling on schedule mitigates operational risk, the investment thesis hinges entirely on whether the assay results confirm economic gold mineralization, which is never guaranteed in exploration.

Image for illustrative purposes only. Not a real photo.

PLC Resources commences maiden Rochefort gold drilling

Q: When will PLC Resources (ASX:PLC) report the results from this drilling campaign?

Geological samples from the RC drilling will be progressively dispatched to the Intertek laboratory in Maddington for analysis as work advances.

Written by Liezl GambePublished May. 18 2026

PLC Resources (ASX:PLC) commenced its maiden reverse circulation drilling programme on schedule at the Rochefort Gold prospect, located within the Abbotts North Gold Project.

The exploration programme is slated to comprise up to five RC holes for an aggregate total of approximately 1,000m.

The initial campaign is designed to test the underlying potential of the well-defined Rochefort gold anomaly.

Drilling operations are being executed by contractor Drillwest, with site preparation works, including access tracks and drill pads, completed ahead of schedule.

Geological samples from the programme will be progressively dispatched to the Intertek laboratory in Maddington for analysis, with initial assay results anticipated to return during the third quarter of 2026.

Situated in Western Australia’s Murchison region, the Abbotts North project lies roughly 35km north of Meekatharra.

The Rochefort prospect sits within the Abbotts Greenstone Belt, approximately 20km north of the producing Crown Prince deposit—a 279,000-ounce gold resource owned by New Murchison Gold.

PLC Resources executive director Simon Phillips highlighted the milestone as the culmination of a rigorous, evidence-led targeting process.

Phillips noted that prior exploration has aligned high-grade rock chips, a coherent gold-in-soil anomaly, and favourable structural settings.

At the time of reporting, PLC Resources’ share price was $0.010.