PGO 3.57% 8.7¢ pacgold limited

HIGHLIGHTS  Drill locations prepared in readiness for drill...

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    HIGHLIGHTS  Drill locations prepared in readiness for drill program  Initial 5,600m program targeted to start in 22 May 2017  Initial program to focus on high priority brownfield targets at Q29 and Rustlers Roost for resource expansion and metallurgical testing for the upcoming PFS for Mt Bundy  Greenfields drilling for resource expansion at Mt Bundy Primary Gold Limited (ASX: PGO) is pleased to announce the drill pad preparation is complete in readiness for drilling the Mt Bundy project area. The program is due to commence on 22 May 2017 and is anticipated to take approximately one month to complete. This program has been slightly delayed due to the Darwin region experiencing one of the wettest seasons on record. The Company has planned a 5,600m initial drilling program focusing on the Rustlers Roost and Quest 29 regions. This program is targeting high priority brownfields sites which will be assessed for their potential to expand the existing resource base of 26.9Mt at 1.5g/t gold (1,235,000oz gold), and provide sufficient metallurgical samples for planning the pre-feasibility study for the Project.
 
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Last
8.7¢
Change
0.003(3.57%)
Mkt cap ! $10.09M
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8.7¢ 8.7¢ 8.7¢ $1.74K 20K

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