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Kaiser Reef Ltd ( (AU:KAU) ) has shared an announcement.
Kaiser Reef Ltd has initiated a diamond drilling program at the Union Hill Gold Project in Victoria, targeting the Eaglehawk Reef known for its prolific gold production. The program aims to explore unmined extensions of the reef, potentially contributing to future underground mining opportunities, as historic data suggests significant gold reserves remain untapped.
More about Kaiser Reef Ltd
Kaiser Reef Ltd is a company operating in the mining industry, focusing on gold exploration and production. Its primary activities involve the development of gold mining projects, with a market focus on high-grade gold deposits.
Average Trading Volume: 1,979,310
Technical Sentiment Signal: Buy
Current Market Cap: A$112.8M
Learn more about KAU stock on TipRanks’ Stock Analysis page.