Pacgold (ASX: PGO) in Trading Halt

Recent drilling results pending from High-Grade Gold Intersected in Step-Out Drilling, Alice River Gold Project, North Queensland

• Visible gold identified in ARHD051 (assays pending), along strike and midway between two wide-spaced holes with visible gold results
• High-grade results from wide-spaced, step-out drill holes include:
• ARDH044 35.5m @ 2.0g/t Au from 242m, incl. 2m @ 13.3g/t Au from 255.8m
• 2.1m @ 19.0g/t Au from 294.5m
• 28.5m @ 2.8g/t Au from 321.4m, Incl. 0.9m @ 35.0g/t Au from 342.6m & 0.3m @ 61.1g/t Au from 348.8m

About Pacgold Limited:

Pacgold is an ASX-listed minerals exploration company (ASX: PGO) focused on the Alice River Gold Project at the northern end of the Northeast Queensland Mineral Province. This gold-rich Province contains several multi-million-oz gold deposits, including Pajingo, Mt Leyshon, Kidston, and Ravenswood.

Pacgold has a 100% interest in the Alice River Gold Project, covering aG historical high-grade goldfield and open-pit mine with eight mining leases and five exploration permits over an area spanning 377km2.