Latest Paterson Resources (ASX:PSL) News

Paterson Resources has launched an extensive 8,500m drilling campaign at its Grace Gold Project, aiming to extend mineralisation and upgrade its gold resource classification by mid-2026.

Paterson Resources has completed a $1.7 million capital raise, positioning itself to launch an 8,500-meter drilling campaign at its Grace Gold-Copper Project in Western Australia’s Paterson Province. This program aims to upgrade the project’s resource classification and support a mining lease application.

Paterson Resources has announced a $2 million capital raising via a placement and a non-renounceable entitlement offer, aimed at advancing its Grace Project in Western Australia. The offer includes new shares priced at $0.018 each and free attaching options, with proceeds earmarked for drilling, studies, and working capital.

Paterson Resources is set to begin an 8,500-metre drilling campaign at its Grace Gold Project, aiming to upgrade its resource classification and unlock further value in a highly prospective region.

Paterson Resources has raised A$2 million through a discounted placement and entitlement offer, fully funding an 8,500m drilling program and key project studies at its Grace Project.

Paterson Resources has secured heritage clearance and reported promising metallurgical results at its Grace Gold-Copper Project, setting the stage for a significant drilling campaign to upgrade its resource estimate.

Paterson Resources reports strong metallurgical results from its Grace Gold-Copper Project, confirming high gold recoveries and free milling characteristics. The company is progressing a scoping study and preparing for a new drilling campaign and mining lease application.

Paterson Resources has reported promising geochemical test results from its Grace Gold Project, indicating high gold recoveries using conventional cyanide leach methods. These findings support the project's potential for efficient gold extraction and resource upgrading.

Paterson Resources Limited reports significant progress at its Grace Gold-Copper Project, including promising drilling results and key steps toward resource upgrading and mining lease application.