Pacgold kicks off White Dam restart, eyes first gold in Q1 2026
ASX-listed Pacgold has commenced the restart of operations at its White Dam gold mine in South Australia, targeting first gold production in the first quarter of 2026.
Initial work has begun on-site, with the company starting relining of leaching solution ponds – a key step in recommissioning the heap leach circuit. The work, expected to take about two months, will allow cyanide irrigation of the pad to begin in late November.
Maintenance activities are also under way, with the plant expected to be fully operational by the end of November. The initial capital outlay for restart works is estimated at about A$600 000.
Pacgold said a comprehensive restart schedule had been launched, covering plant refurbishment, pond re-lining, re-crushing and irrigation of ore, and updates to resource models and mine plans. The company was also preparing new permit applications to incorporate the White Dam North resource into its operations.
The restart will occur in stages. Under Phase 1, Pacgold will recommission the heap leach plant and resume processing existing ore. Crushing equipment is being mobilised, with re-crushing of the final pad lift to begin early in 2026. Cyanide irrigation of the first 100 000 t of ore is scheduled soon after.
Phase 2 will focus on drilling and resource expansion, with up to 25 000 m of reverse circulation drilling to start this month across existing resource areas and near-mine targets. The results will feed into an updated resource model, new mine studies, and revised cash flow forecasts.
Pacgold said final handover of the White Dam operation remained on track for November 21, pending shareholder approval for the issue of consideration shares at its upcoming AGM.
The White Dam Gold Operation, located in South Australia’s mining heartland, has produced more than 7.5-million tonnes of ore to date and represents a key growth opportunity for Pacgold as it moves to re-establish cash flow from a near-term gold asset.
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