The Directors, Staff and Associates of Derisk Geomining Consultants congratulate the board and management team of Pacgold Limited (PGO) for its successful listing on the Australian Securities Exchange (ASX) today.  Derisk was pleased and proud to have been engaged by PGO to prepare the Independent Geologist Report to support the listing.

We wish PGO success in its upcoming exploration program at the Alice River Gold Project in north Queensland.  The technical team is exemplary and the company has a substantial budget designed to test many of the priority targets at the Project.