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2 clusters · 4 sources · 7 days · First seen · Last updated

Pacgold White Dam project development

Overview

In late July 2026, Australian miner Pacgold reported a high‑grade gold‑copper sulphide discovery at its White Dam North prospect in South Australia, highlighting intersected intervals with up to 7.5 g/t gold and 1.2 % copper. The find was described as the potential “tip of the iceberg” beneath existing oxide resources, prompting plans for further geophysical surveys and drilling.

A week later, Pacgold secured a $13 million share placement to fund a production ramp‑up, heap‑leach expansion at the White Dam Gold Project, and near‑mine exploration tied to the new discovery. Concurrently, U.S. listed G50 Corp raised $18.23 million, with Hancock Prospecting investing, to advance its own exploration projects in Arizona and Nevada.

Entities

G50 Corp · Golconda Project · Pacgold Limited · Matthew Boyes · Hancock Prospecting

Timeline

  1. 13 days ago

    [BUSINESS] 2 sources
    Pacgold and G50 raise capital for White Dam expansion and US mineral projects

    Pacgold raised $13 m for White Dam expansion in South Australia, while G50 secured $18.23 m (including $5.52 m from Hancock) to accelerate exploration at Arizona’s Golconda and Nevada’s White Caps projects.

  2. 19 days ago

    [BUSINESS] 3 sources
    Pacgold reports high-grade gold‑copper discovery at White Dam North

    Pacgold discovered high‑grade gold‑copper mineralisation at White Dam North, South Australia, with drill intercepts up to 7.5 g/t Au and 1.2 % Cu, and plans further surveying and drilling.

Sources

finnewsnetwork.com.au · mining.com.au · sharecafe.com.au · stocktitan.net