Pacgold has reached another important milestone at its White Dam Gold Project in South Australia’s Olary Province, successfully completing its second gold doré pour.
The doré bar weighed 97 ounces and was produced from material leached from the first aerated zones along the eastern and western flanks of the heap leach pad.
The pour reflects continued progress at the operation and highlights the effectiveness of the leaching and aeration strategy as Pacgold advances the project.
With the second doré pour now complete, Pacgold is also accelerating drilling at White Dam as it looks to build on this early operational success.
The expanded drilling program is expected to support greater geological confidence, test extensions of known mineralisation, and help guide future production planning.
The combination of steady doré production and increased exploration activity positions White Dam for continued momentum as Pacgold moves into its next phase of development.
Managing Director Matthew Boyes expressed optimism about the company’s progress, noting that the second gold pour from White Dam has strengthened cash flow as production scales up.
He also welcomed the encouraging confirmation that re-crushed material in the upper lift is delivering strong leach grades, and said he looks forward to leachate reaching the plant for recovery in future pours.
Meanwhile, the 3,000-metre reverse circulation drilling campaign at the Vertigo prospect has been completed, with the aim of expanding resources and advancing plans to accelerate the restart of mining operations.
To support these efforts, Pacgold has engaged Entech to prepare an updated mineral resource estimate for Vertigo. Entech is also conducting pit optimizations, developing new mine designs, and calculating cash flow projections. Read more...
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