PC Gold Ltd (ASX:PC2) High-Grade Gold Results Continue to Extend Main Zone South
4 May 2026
Price Sensitive Announcement $
Highlights:
- New results reported for six additional holes, with standout high grade intercepts in
four holes. - 10.0m @ 4.51 g/t Au from 161m, 11.5m @ 1.12 g/t Au from 227.5m and 4m at 2.30g/t Au from 245m (MS-012)
- 6.1m @ 2.94 g/t Au from 209m & 1.5m @ 30.44 g/t Au from 237 m (MS-006)
- 6.6m @ 2.90 g/t Au from 199m (MS-010)
- 6.9m @ 2.19 g/t Au from 190m, 2.1m @ 4.44 g/t Au from 24.9 m (MS-004)
- Mineralisation now extended approximately 120m along strike to south of MRE and
remains open along strike and down plunge. Drilling is ongoing.
Overview:
PC Gold Ltd (ASX: PC2) has reported strong results from ongoing resource definition drilling targeting the recent discovery of the Main Zone Southern Extension at the Spring Hill Gold Project.
Drilling at the Main Zone Extension has returned multiple significant intercepts, confirming continuity of mineralisation and extending the high-grade core approximately 120 metres along strike to the south of the current resource boundary (Figure 1).
Importantly, these intercepts occur within the current pit optimisation shell in areas with limited to no drilling (as illustrated in Figures 2 and 3), highlighting the potential to delineate additional mineralisation within the existing open pit and underground development plan.
Two diamond rigs remain active on this target as part of the approved resource definition drill program within the planned open pit footprint.
Key Outcomes
- High-grade mineralisation continues to extend beyond the current resource in the Main Zone, with mineralisation intersected within the existing pit optimisation shell in
areas previously classified as waste material in the pit wall. - Third rig mobilised to increase drilling capacity within the MRE area and recent discoveries. RC Rig now due in mid to late May with bulk fuel supply secure.
Company Notes:
Executive Chairman Ashley Pattison commented:
“These results continue to demonstrate the strong growth potential at Spring Hill. The Main Zone extension confirms that high-grade mineralisation remains open and continues to expand beyond the current resource.
Importantly, we are now intersecting multiple mineralised zones within the existing pit shell in areas previously considered waste and beyond the extent of the current MRE. These results further support the potential for an increase in tonnage and grade of the MRE, within the existing development envelope. Further exploration is planned to determine the extents of this high grade mineralisation.”
With a third rig now mobilised to site, we are well positioned to accelerate resource
growth and project definition.”
Next Steps:
- Ongoing drilling with three rigs soon to be operating on the Link and Main zones
- Results pending for in-fill drilling on the Link zone
- Targeting additional Link-style mineralisation across the project
- Ongoing resource modelling by Cube with the updated MRE due out in June 2026
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