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Prodigy Gold NL (ASX: PRX) has announced an updated JORC-compliant Mineral Resource estimate for its 100%-owned Tregony Gold Deposit, located at the Tanami North project in the Northern Territory. The new estimate, based on 2024 drilling results, reports 2.01 million tonnes (Mt) at 1.2 grams per tonne (g/t) gold (Au) for 80,000 ounces (oz), marking a 29% increase in tonnes and a 25% rise in contained gold ounces compared to the 2024 estimate. This growth, despite a slight 3% decline in grade, reinforces the strategic importance of Tregony and its exploration upside, with follow-up drilling planned for 2025.
Tregony is part of the broader Tanami North project, which, along with Hyperion, now hosts a combined 11.7Mt at 1.4g/t Au for 515Koz. Prodigy's total Mineral Resource inventory across all projects has grown to 21.7Mt at 1.4g/t Au for 989Koz. The updated resource is based on a 100m depth constraint and includes recoveries of 90–95%. Additional near-surface targets adjacent to Tregony offer promising expansion opportunities.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
