Pacgold extends its St George Gold-Antimony Project anomalies beyond 30km, revealing high-grade gold samples up to 18.5g/t at Limestone and multiple drill-ready targets across the Fence Structural Zone.
- Gold-antimony anomalies extended over 30km strike length
- High-grade gold rock chips up to 18.5g/t Au at Limestone Prospect
- Seven major targets identified with no modern drilling
- Significant geochemical anomalies at Big Watson South and Zebs Prospects
- Upcoming drilling campaign planned for multiple prioritised targets
Expanding the St George Gold-Antimony Frontier
Pacgold Limited (ASX:PGO) has announced a significant extension of gold and antimony geochemical anomalies at its St George Project in northeast Queensland. The company’s recent grid-based soil and rock chip sampling has expanded the known mineralised strike length of the Fence Structural Zone (FSZ) to over 30 kilometres, a substantial increase that underscores the prospectivity of this underexplored region.
Among the standout results are high-grade gold rock chip samples from the Limestone Prospect, with assays reaching as high as 18.5 grams per tonne (g/t) gold. These samples were collected from multiple outcropping veins, suggesting a large-scale mineralised system that has yet to be tested by modern drilling techniques.
A Pipeline of Untested Targets
The St George Project hosts seven major targets within the FSZ, six of which remain untested by contemporary drilling. This presents a compelling opportunity for Pacgold to delineate new mineral resources in a region historically mined for gold and antimony but lacking recent systematic exploration. The Big Watson South and Zebs Prospects have also yielded encouraging geochemical anomalies, including elevated arsenic, mercury, copper, and zinc levels, indicative of hydrothermal systems with potential for significant mineralisation.
Pacgold’s Managing Director, Matthew Boyes, highlighted the rapid increase in identified fertile structures and mineralisation extent, noting that the discovery of high-grade gold at Limestone is particularly exciting. The company is poised to capitalise on this momentum with planned follow-up exploration activities, including detailed geological mapping, expanded soil and rock chip sampling, geophysical surveys, and a drilling campaign scheduled for later in 2026.
Geological Context and Exploration Strategy
The St George Project lies within the Palaeozoic Hodgkinson Province, a region known for structurally controlled gold and antimony mineralisation hosted in quartz-stibnite veins. The FSZ itself is a major north-northwest trending structural corridor that has demonstrated consistent mineralisation over a strike length now exceeding 30km. Historical mining activities were limited to shallow workings, leaving considerable potential at depth and along strike.
Pacgold’s systematic exploration approach, combining modern geochemical techniques with geophysical surveys, aims to unlock this potential. The company’s farm-in and joint venture agreement with Hardrock Mineral Exploration Pty Ltd provides a pathway to earn up to 100% interest in the project, aligning incentives to aggressively advance the exploration programme.
Looking Ahead
With a robust pipeline of drill-ready targets and high-grade surface results, Pacgold is well positioned to make significant discoveries at St George. The upcoming drilling campaign will be critical to confirming the continuity and scale of mineralisation, potentially transforming the project’s value proposition. Investors and industry watchers will be keenly observing the results as the company moves from surface sampling to subsurface testing.
Bottom Line?
Pacgold’s extended anomalies and high-grade surface gold set the stage for a pivotal drilling season that could redefine the St George Project’s potential.
Questions in the middle?
- Will the upcoming drilling confirm the continuity and economic viability of the high-grade gold at Limestone?
- How extensive and mineral-rich are the untested targets along the 30km Fence Structural Zone?
- What impact will these exploration results have on Pacgold’s valuation and strategic partnerships?