Paterson Resources LimitedASX: PSL

Drilling Campaign Underway at Grace Gold Project

· Issued by Paterson Resources Limited via ASX

Filed with ASX · · 9 pages · English

Summary by 6ix AI

Paterson Resources Limited has announced the commencement of a diamond drilling campaign at the Grace Gold Project, which aims to enhance the current mineral resource estimate and provide samples for metallurgical testing. Environmental surveys have been conducted to ensure compliance with exploration management plans prior to the drilling activities. The company is optimistic that these drilling efforts will improve confidence in the mineral resource and potentially lead to a reclassification of the resource status.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

Release

ASX ANNOUNCEMENT 21 October 2026 Drilling Campaign Underway at Grace Gold Project HIGHLIGHTS • The diamond drilling (DD) campaign, comprising 1,200m for six drill-holes, is now underway at the Grace Gold-Copper Project • The primary objective is to potentially upgrade the current Inferred...

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