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Kalamazoo Resources Initiates Drilling at Ashburton Gold Project

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Kalamazoo Resources Initiates Drilling at Ashburton Gold Project

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An update from Kalamazoo Resources Ltd. ( (AU:KZR) ) is now available.

Kalamazoo Resources Limited has announced the commencement of a diamond drilling program at its Ashburton Gold Project, targeting the down-plunge extensions of mineralization beneath the Mt Olympus Scoping Study pit shell design. This initial phase of drilling, expected to be completed by January 2026, is crucial for the Mt Olympus Pre-Feasibility Study and aims to provide insights for mine development and optimization. The program is part of Kalamazoo’s broader strategy to extend the mine life and explore further resource growth opportunities in the Ashburton–Xanadu project area.

The most recent analyst rating on (AU:KZR) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Kalamazoo Resources Ltd. stock, see the AU:KZR Stock Forecast page.

More about Kalamazoo Resources Ltd.

Kalamazoo Resources Limited is a company operating in the mining industry, primarily focused on gold exploration and development. The company is engaged in advancing its Ashburton Gold Project located in the Pilbara region of Western Australia, aiming to expand its resource base and optimize its mining operations.

Average Trading Volume: 828,163

Technical Sentiment Signal: Buy

Current Market Cap: A$51.98M

For detailed information about KZR stock, go to TipRanks’ Stock Analysis page.

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