Pilbara Gold expands Mt York gold footprint

Pilbara Gold managing director Dr Peter Turner talked with Proactive about the company securing unconditional mineral rights over 367km² of prospective ground surrounding the Mt York Gold Project, which currently has a 2.1 million ounce gold resource. Turner said the agreement gives Pilbara Gold gold and base metal mineral rights across the additional ground and includes around 1,500 metres of further strike length connected to the Main Hill deposit. He explained that this means the transaction provides access not only to broader exploration ground, but also to known mineralisation extending beyond the existing deposit. The company is continuing a major drilling campaign at Mt York, with five rigs operating on site and a sixth rig expected to be added. Turner said the programme will exceed 50,000 metres and represents the largest drilling campaign Pilbara Gold has undertaken on the asset. Pilbara Gold previously increased the Mt York resource by around 700,000 ounces after approximately 27,000 metres of drilling last year. Turner said the company believes the current 2.1 million ounce resource may grow further as the expanded drilling programme progresses. Visit Proactive’s YouTube channel for more interviews and market updates. If you found this video useful, give it a like, subscribe to the channel and enable notifications so you do not miss future content.