🚨 Pilbara Gold Extends Mt York Gold Mineralisation as Drilling Hits 50% Mark
Pilbara Gold Ltd (ASX: PGL) has reported further strong drilling results from its flagship 2.1-million-ounce Mt York Gold Project in Western Australia, with mineralisation extended at depth across key areas of the project.
🔑 Key Points
• 2026 drilling program has reached the halfway mark
• New results extend gold mineralisation at Main Hill and Main Hill Extension
• Mineralisation continues below the current optimised pit shell and remains open at depth
• Around 28,635 metres of drilling has been completed from an expanded 60,000m campaign
• Five drill rigs are currently operating, with a sixth expected in September
• Results are aimed at supporting further resource growth and an updated Mineral Resource Estimate (MRE) targeted for early 2027
📊 Market Insight
The latest drilling strengthens the potential for Mt York’s existing 2.1Moz resource to grow further, while deeper mineralisation could become an important factor in the project’s future open-pit development strategy. Further assay results and the upcoming MRE could become key catalysts for ASX:PGL.
#Gold #PilbaraGold #MiningStocks #ASX #GoldMining $XAU $PAXG $XAUT
Pilbara Gold Ltd (ASX: PGL) has reported further strong drilling results from its flagship 2.1-million-ounce Mt York Gold Project in Western Australia, with mineralisation extended at depth across key areas of the project.
🔑 Key Points
• 2026 drilling program has reached the halfway mark
• New results extend gold mineralisation at Main Hill and Main Hill Extension
• Mineralisation continues below the current optimised pit shell and remains open at depth
• Around 28,635 metres of drilling has been completed from an expanded 60,000m campaign
• Five drill rigs are currently operating, with a sixth expected in September
• Results are aimed at supporting further resource growth and an updated Mineral Resource Estimate (MRE) targeted for early 2027
📊 Market Insight
The latest drilling strengthens the potential for Mt York’s existing 2.1Moz resource to grow further, while deeper mineralisation could become an important factor in the project’s future open-pit development strategy. Further assay results and the upcoming MRE could become key catalysts for ASX:PGL.
#Gold #PilbaraGold #MiningStocks #ASX #GoldMining $XAU $PAXG $XAUT
