
Pacgold's Vertigo Pit Drilling Yields Promising Results
About this episode
Pacgold Limiteds resource drilling at Vertigo pit in South Australias White Dam project is nearing completion, with 95% of work done. Latest lab results exceed expectations, with promising shallow zones for future estimates. Standout results include a 21m intercept at 1.4g/t gold and 0.32% copper, and a 12m section at 1g/t gold. The next 8-12 weeks are crucial for the company. Drilling started in late November, with 159 holes totaling 9,974m. Sonic drilling on the heap leach pad is complete, with test results upcoming. A new Metso screen and Nordberg cone crusher have started, aiming to extract leftover gold for quick cash flow. Restarting drilling at Hannaford pit in mid-April and White Dam North in June is planned, pending permits.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/089864b0d8777949
Get every episode summarized
Each time Sydney News Today | 2 Min News | The Daily News Now! publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Transcript ready
19 searchable segments. Every word is indexed and playable.
Full transcript
Sydney News Today | 2 Min News | The Daily News Now! — Pacgold's Vertigo Pit Drilling Yields Promising Results. Machine-transcribed; use the interactive transcript above to jump the player to any line.
In Sydney, it's March 17th. Here's what is happening. Packgold Limited has nearly wrapped up resource drilling at its Vertigo Pit in the White Dam project, about 80 km east of Broken Hill Inn, South Australia. The work is now 95% complete, and the latest lab results match or even beat the company's 2020 resource model. Some shallow zones the promising for adding more tons to the next estimate. Standout results include a 21 meter intercept at 1.4 grams per tonne gold, and 0.32% copper from 44. Metres deep, another hole hit 4 meters at 3 grams per tonne gold, with a deeper 12 meter section at 1.1 grams per tonne. A third delivered 11 meters at 1 gram per tonne gold from just 13 meters down. The managing director calls the next 8-12 weeks maker break for the company. Drilling started late last November, with 159 holes totaling 9,974 meters. They've also finished
the first phase of sonic drilling on the heap leach pad, with test results coming soon. A big milestone just hit with the start up of a new mezzo screen, and Nordberg cone crusher at the site. This kicks off a re-crush of the heap leach material down to 4 to 6 millimeters, aiming to squeeze out leftover gold for quick cash flow. Looking ahead, the team plans to restart drilling of the nearby Haniford pit in mid-April, then shift to white dam north in June, pending permits. Crews are training up the crusher to hit top speed soon, starting with 50,000 tonn batches before doubling that later this year. The daily news now is made possible with support from our sponsor. If sleep podcasts are your thing, this is your pillow, built for comfort and calm. S-O-L-I-SOLYPILLOW.COM
More episodes
More from Sydney News Today | 2 Min News | The Daily News Now!

Coastal Floods Threaten 267K Aussie Homes | Sydney News
Sydney News Today | 2 Min News | The Daily News Now!

RentTech Platforms Pushing Privacy Limits | Sydney News
Sydney News Today | 2 Min News | The Daily News Now!

Artists Unite in Mural Protest for Myanmar | Sydney News
Sydney News Today | 2 Min News | The Daily News Now!

Dragonfly Swarms Take Over Towns | Sydney News
Sydney News Today | 2 Min News | The Daily News Now!