Parbo Completes Maiden Gold Drilling as Second Program Begins
Closing price · 2026-10-27: $0.230 · -9.80%
Newly listed Parbo Resources completed its first drilling program at Brians Mill, with assay results expected in early November, and has since started an approximately 7,500-metre program at Mount Padbury. The company reported cash and term deposits of approximately $6 million at quarter-end and secured a government co-funding grant for planned drilling at Narracoota.