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Kaiser Reef Ltd ( (AU:KAU) ) just unveiled an update.
Kaiser Reef Limited has reported a significant quarter marked by the acquisition of the Henty Gold Mine from Catalyst Metals Limited, which has been successfully integrated into its operations. This acquisition has transformed Kaiser into a company with three gold projects and two operational gold processing plants, contributing to its largest production quarter to date. The company produced a total of 4,069 ounces of gold from the Henty Gold Mine and 756.3 ounces from the Maldon Gold Mine, with the A1 Gold Mine still in development. This strategic expansion positions Kaiser strongly in the gold mining industry, enhancing its production capabilities and exploration potential.
More about Kaiser Reef Ltd
Kaiser Reef Limited is a high-grade gold mining and exploration company focused on mining and exploring for gold within Tasmania and the Victorian goldfields. The company wholly owns and operates the A1 Gold Mine, the Maldon Gold Processing Plant, the Maldon Gold Mine in Victoria, and the Henty Gold Mine in Tasmania.
Average Trading Volume: 2,110,958
Technical Sentiment Signal: Buy
Current Market Cap: A$103.9M
Find detailed analytics on KAU stock on TipRanks’ Stock Analysis page.