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PC Gold Says Diamond Drilling at Northern Territory Gold Project Extends High-Grade Mineralization; Shares Up 2%

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PC Gold (ASX:PC2) said diamond drilling completed at its Spring Hill gold project in the Northern Territory extended high-grade gold mineralization, according to a Friday Australian bourse filing.

It encountered wide intercepts of 29.65 meters at 4.32 grams per tonne (g/t) grade of gold from 332.35 meters and 33.38 meters at 2.17 g/t grade of gold from 156.62 meters, the company said.

The results will be incorporated into an updated mineral resource estimate, targeted for December, the company added.

PC Gold's shares climbed over 2% in recent trading on Friday.

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