PC Gold Says Drilling at Link Structure at Western Australia Gold Project Intersects Visible Gold; Shares Reach All-Time Peak

MT Newswires Live

02/26

PC Gold (ASX:PC2) said diamond drilling at the the newly discovered Hong-Kong Macau Link structure at its Spring Hill gold project intersected visible gold within a consistent hematite-magnetite structure, according to a Thursday Australian bourse filing.

It encountered intercepts of 4.5 meters at 28.36 grams per tonne grade of gold from 328 meters, as well as 19.9 meters at 3.81 g/t grade of gold from 240 meters.

An eight-hole extensional drilling program is set to start to test up and down dip extensions of the reported intersections.

Its shares rose 12% in recent trading on Thursday, reaching an all-time peak.

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