đš 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.
đ Key Points
âą 2026 drilling program has reached the halfway mark
âą New results extend gold mineralisation at Main Hill and Main Hill Extension
âą Mineralisation continues below the current optimised pit shell and remains open at depth
âą Around 28,635 metres of drilling has been completed from an expanded 60,000m campaign
âą Five drill rigs are currently operating, with a sixth expected in September
âą Results are aimed at supporting further resource growth and an updated Mineral Resource Estimate (MRE) targeted for early 2027
đ Market Insight
The latest drilling strengthens the potential for Mt Yorkâs existing 2.1Moz resource to grow further, while deeper mineralisation could become an important factor in the projectâs 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.
đ Key Points
âą 2026 drilling program has reached the halfway mark
âą New results extend gold mineralisation at Main Hill and Main Hill Extension
âą Mineralisation continues below the current optimised pit shell and remains open at depth
âą Around 28,635 metres of drilling has been completed from an expanded 60,000m campaign
âą Five drill rigs are currently operating, with a sixth expected in September
âą Results are aimed at supporting further resource growth and an updated Mineral Resource Estimate (MRE) targeted for early 2027
đ Market Insight
The latest drilling strengthens the potential for Mt Yorkâs existing 2.1Moz resource to grow further, while deeper mineralisation could become an important factor in the projectâs 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