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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
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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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Peregrine Gold (ASX:PGD)
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