Peregrine Gold: Completes maiden drill program at Newman, WA

Peregrine Gold Completes maiden drill program at Newman, WA

  • Peregrine Gold (PGD) completes a maiden drill program at its Newman gold project in Western Australia
  • All up, 92 holes were drilled at the Birdsnest, Tin Can and Peninsula prospects to better understand the structural controls on the gold deposition
  • Assays are now pending, though Peregrine says no instances of visible gold were identified in the holes
  • Peregrine is currently undertaking a costean program at Birdsnest and has lodged a program of work for close-spaced diamond drilling at Peninsula with the DMIRS
  • Shares in Peregrine are down 30.25 per cent and trading at 41.5 cents at 3:28 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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