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Peregrine Gold Powers Up Exploration with $2.5M Raise and New Drilling Programs

4:36am on Monday 2nd of June, 2025 AEST Mining
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Peregrine Gold Powers Up Exploration with $2.5M Raise and New Drilling Programs

4:36am on Monday 2nd of June, 2025 AEST
Key Points
  • Executed agreement with Mark Creasy enabling gold extraction at Peninsula Prospect
  • Initiated 10,000m Aircore drilling at Mallina and planned 8,100m program at Tin Can
  • Sold Deadman Flat & Perry Creek projects to Capricorn Metals for up to $3.75 million plus royalties
  • Raised $2.5 million via entitlement and shortfall offers, strengthening cash reserves to $2.7 million
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