Episode Details

Pacgold is reviving its White Dam gold mine in South Australia, aiming to extract extra gold from old heap leach material. The company plans a re-crush campaign on the mines pad, which could yield near-term cash flow with minimal additional costs. New crushing equipment is en route, and recent rains may even aid in the leaching process. Pacgold is eager to start, viewing White Dam as a low-risk opportunity to restart production. The mine has a proven history, having produced 180,000 ounces from 7.5 million tons of ore. Assay results are pending, but the mine still holds a 4.6 million tonne resource worth approximately 102,000 ounces. With gold prices high, even small recoveries could fund exploration in other regions, making White Dam a potential quick win for Pacgolds transition to producer status.

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