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PC Gold has taken a comprehensive review of four decades of historical exploration data at Spring Hill, unearthing 37 targets at the Northern Territory gold project.
The company has classified 16 targets as drill-ready, including nine Tier 1 priorities, across its approximately 10,300ha landholding.
The targeting program involved reviewing 175 historical exploration reports and digitising 3600 scanned pages, bringing together drilling, sampling and geological information collected by previous explorers.
PC Gold said these prospects had received limited or no follow-up exploration since the original work.
Executive chairman Ashley Pattison said the review was the first to bring together historical exploration information across the consolidated Spring Hill landholding.
“Spring Hill has been explored by a dozen companies over forty years, but has never been explored as a single consolidated land package,” Pattison said.
“A substantial pipeline of targets have been identified including: high-grade historical intercepts at Steve’s Gully, Vein Heaven and First Bite that have not been followed up since the mid-1990s.”
Among the priority targets is Steve’s Gully, where historical drilling in 1994 returned 16m at 4.12 grams per tonne (g/t) gold from 63m.
At First Bite, drilling undertaken in 1995–96 returned 5m at 24.4g/t gold from 7m, while historical sampling at Gentry’s Chance identified gold mineralisation along an 800m reef.
The review also identified historical channel sampling results outside the existing mineral resource, including 10m at 17.5g/t gold at Macau Extended.
PC Gold plans to incorporate Macau Extended into its current reverse circulation drilling program, with drilling at Steve’s Gully expected to begin within three weeks of the announcement.
The company is also assessing previously unrecognised historical channel sampling within and adjacent to the mineral resource for possible inclusion in its December 2026 resource update.
Pattison said the company would continue its pre-feasibility study (PFS) and permitting work alongside the expanded exploration program.
“The PFS workstreams and permitting remain the critical path, and in parallel we will keep adding ounces and scale to the Spring Hill project,” he said.
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