Wedoany.com Report on Mar 18th, Pacgold (ASX: PGO) has made new progress at its White Dam gold project in South Australia, having completed 95% of its reverse circulation drilling campaign at the Vertigo Pit. Assay results show that multiple drill holes have intersected gold and copper mineralization zones, boosting the company's confidence in the project.

Specific assay results include: an 11-meter interval from 13 meters depth grading 1 gram per tonne gold and 0.03% copper; a 4-meter interval from 33 meters grading 3 g/t gold and 0.11% copper; and a 9-meter interval from 61 meters grading 1.7 g/t gold and 0.38% copper. These data support the 2020 resource block model and have identified shallow gold zones located above the main resource estimate model.

Since its commencement in late November 2025, Pacgold has completed 159 drill holes, with a total meterage reaching 9,974 meters. The company stated that assay results for approximately 60% of the submitted samples have been returned, with the remaining analyses currently in progress.

Pacgold plans to complete the remaining 5% of the project, which includes resource estimation for the Hannaford Pit, infill drilling for the White Dam North resource estimate, and testing of the Rolling prospect. To accelerate project progress, the company will deploy an additional reverse circulation drill rig to site in May.

Pacgold is a gold-focused exploration company dedicated to advancing its portfolio of assets in North Queensland and South Australia. The latest progress at the White Dam project provides a positive signal for the company's exploration activities in Australia.