
PC Gold reports gold results at Spring Hill Project
- PC Gold reported new diamond drilling results at its Spring Hill Project, including high-grade intersections up to 13.18 g/t gold.
- The announcement sent PC Gold shares up 4.5% to $1.00 following the release.
- The company stated that the drilling extended the Link zone mineralisation 30m down dip from the current model.
PC Gold (ASX:PC2) reported new diamond drilling results at its Spring Hill Gold Project, intersecting higher gold grades than modelled.
The new assays build on previous exploration at the site, which recently returned high-grade results, including 4.49m at 4.52 g/t gold in hole MS-030.
The latest drilling returned standout intercepts such as 29.65m at 4.32 g/t gold from 332.35m in hole SDH26-016 and 3.24m at 13.18 g/t gold in hole SDH26-019.
The company stated that the results extend the Link zone mineralisation 30m down-dip of the current geological model.
Following the announcement, the PC Gold share price was up 4.5% at $1.00.
PC Gold holds granted mining leases and environmental approvals for open-pit mining operations at the Spring Hill location.
The site hosts 25.6 million tonnes at 1.0 g/t gold in JORC resources.
