Pacgold Sets Stage for New Drilling Program at White Lion Prospect in Queensland

2 min read | August 28, 2025 10:35 AM AEST | By Team Kalkine Media

Pacgold Sets Stage for New Drilling Program at White Lion Prospect in Queensland — Image source: Shutterstock

Exploring New Prospects in Queensland

Pacgold (ASX:PGO) is moving ahead with plans to launch a drilling program at the White Lion prospect in Queensland. This initiative follows the identification of a high-intensity induced polarisation anomaly that aligns with a previously outlined magnetic anomaly. Such findings add momentum to the company’s exploration activities and highlight potential growth in its project portfolio.

The White Lion area lies close to the Alice River Fault Zone, where earlier drilling and sampling confirmed the presence of gold mineralisation. With this groundwork, Pacgold aims to expand its understanding of the geology and unlock new exploration opportunities. The development of additional prospects can contribute to the growing interest in exploration-focused companies, which often draw attention alongside broader market movements of ASX 200 companies.

Advancing the White Lion Drilling Program

Preparations are already underway, with the field team working to clear pads and ensure site readiness for the upcoming drilling campaign. The program will primarily focus on testing the chargeability and magnetic anomalies across different depths to assess the mineral potential of the region.

The drilling strategy has been designed to cover key target zones, helping the company to evaluate the continuity of mineralisation beneath the surface. This step is crucial for building a clearer geological picture and guiding future exploration phases.

Building Momentum in Exploration

Pacgold’s ongoing exploration strategy is aligned with its broader objective of establishing a strong mineral resource base in Northeast Queensland. The company continues to dedicate efforts to identifying fresh targets across its regional tenements. With a combination of advanced geophysical techniques and structured drilling programs, the explorer seeks to position its projects for long-term development.

As activity increases at White Lion, the progress represents more than just a technical milestone. It also reinforces Pacgold’s role as an emerging player in the resource sector, one that continues to uncover new opportunities through disciplined exploration.

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