Stage of Development: Development
Commodity: Gold
Country/Region: Australia
Market Cap: USD 228M
Project Locations: Australia
Website: PC Gold Ltd
PC Gold Limited is a gold exploration and development company focused on unlocking the full potential of its flagship Spring Hill Gold Project in the Northern Territory. With a Mineral Resource Estimate reported in accordance with the JORC Code of 43.6Mt @ 1.1g/t Au for 1.5Moz Au, a strong balance sheet, and a highly experienced team, PC Gold is executing a clear strategy to transition Spring Hill toward production. The Spring Hill Project is a substantial gold system hosting mineralisation within granted mining leases, with environmental approvals already in place to commence open-pit mining and underground refurbishment. This positions PC Gold to move swiftly through development milestones.
The Company is advancing Spring Hill through a multi-faceted strategy:
• Infill drilling to upgrade Resource confidence and support conversion to Reserves.
• Aggressive extensional exploration to grow the global Spring Hill Resource inventory.
• Underground refurbishment, development, drilling and bulk sampling. Providing a drill platform to directly target high grade underground mineralisation.
• Rapid progression towards completing a PFS to outline the development plan and financial metrics.
Management Profile:
Mr Ash Pattison - Founder & Executive Chair
Mr Kevin Puil - Founder & Non Executive Director
What are your key goals for the next 3 months?:
Delivery of PFS for Open Pit and Underground Mining Updated MRE post 40,000m of additional drilling Ongoing drilling
What are your key goals for the next 6 months?:
Delivery if a DFS Ongoing infill drilling - both from surface and UG Ongoing exploration drilling outside of MRE
What are your key goals for the next 12 months?:
FID to build the mine Ongoing drilling outside of the MRE area
What do you think makes your company such a compelling investment?:
Granted ML in a Tier 1 Jurisdiction No Native Title Permits in hands for Open Pit Mining +100,000oz per annum Production within 2 1/2 years