en.Wedoany.com Reported - Pilbara Gold (ASX:PGL), a Western Australian gold exploration company, is accelerating drilling at its 2.1-million-ounce Mt York Gold Project, deploying six drill rigs to drive resource growth and pave the way for a Pre-Feasibility Study (PFS).
The company reported that the project, located in Western Australia, has a total drilling program exceeding 50,000 meters, with 39 holes totaling 13,748 meters completed to date, representing 25% of the planned program. Five rigs are currently operating simultaneously on site, with a sixth expected to arrive by the end of this month.
The drilling aims to extend the 4.2-kilometer-long Banded Iron Formation (BIF) that controls the deposit, with half of the holes targeting mineralization extensions along dip and strike beyond the current resource boundaries.
Managing Director Peter Turner stated that the accelerated program aims to "increase resources" while improving resource classification confidence through infill drilling, in preparation for a new Mineral Resource Estimate later this year. Turner noted that the company has adopted an accelerated drilling schedule, deploying a sixth rig at the Mt York mine site, with a quarter of the plan now completed.
Recent drilling results from the Main Hill Extension area have continued previous performance, with key intercepts including: 9 meters at 3.92 g/t gold from 97 meters; and 16 meters at 2.60 g/t gold from 143 meters. All holes successfully intersected the BIF unit.
Current drilling has shifted to Main Hill and Breccia Hill, focusing on defining deeper extensions beneath the existing resource and upgrading Inferred Resources to Indicated Resources.
Hole 26MYDD022, located at the western end of Main Hill, intersected over 50 meters of sulfide alteration, veining, and brecciation within the BIF. This hole is located 100 meters down-dip from a previously mineralized zone (Hole 25MYDD031, which intersected 53 meters at 1.45 g/t gold from 212 meters, including 10 meters at 2.95 g/t gold from 239 meters). Turner stated that the geological characteristics between the two holes are "identical," indicating mineralization extends at least 100 meters below the current resource.
Initial assay results are expected in late July, with analysis turnaround times at the Perth laboratory currently extended to eight weeks.
The Pre-Feasibility Study (PFS) is progressing on schedule, targeting completion in the second quarter of 2027. Metallurgical test work commenced in September 2025, with four bulk samples prepared for process development, and an additional 12 comminution samples and 22 variability samples awaiting analysis.
Orway Mineral Consultants has been engaged to review comminution test results and conduct circuit trade-off studies. A 400-square-kilometer LiDAR topographic survey has been completed over the Mt York area to support PFS activities.
Pilbara Gold is a Western Australian gold exploration company, primarily advancing its Mt York and Roe Hills projects, while holding a portfolio of exploration assets in the Pilbara and Eastern Goldfields regions.
