Pacgold placement expected to raise more than $4m

RC drill rig (UDR650) at Posie prospect, Alice River, which is the first drilling to be undertaken at Posie for 30 years. PacGold

Shareholders have given a qualified thumbs up to Cape York junior miner Pacgold.The company has announced the successful completion of a $4.1 million placement.This is designed to accelerate exploration at the 100 per cent-owned Alice River gold project, about 300km north-west of Cairns.The funds will go to continue regional geochemical and geophysical surveys, regional RC […]

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Industry Queensland
Industry Queensland