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An announcement from Kalamazoo Resources Ltd. ( (AU:KZR) ) is now available.
Kalamazoo Resources Ltd has announced significant exploration and growth potential for its Ashburton Gold Project, with a focus on both brownfields and greenfields opportunities. The company has identified a target portfolio pipeline that could extend mine life and add value beyond the existing Mt Olympus Scoping Study. Recent re-optimisation of the Mt Olympus underground resource has increased the resource estimate, and higher-grade material has been identified, offering opportunities to upgrade inferred resources. The acquisition of the Xanadu Gold Project and the identification of new exploration targets underscore Kalamazoo’s commitment to a multi-year production strategy and long-term resource growth.
More about Kalamazoo Resources Ltd.
Kalamazoo Resources Ltd is a company in the mining industry, primarily focused on gold exploration and development. The company operates the Ashburton Gold Project, which includes several mining leases and exploration licenses in a highly prospective region of Western Australia. Kalamazoo has recently expanded its operations by acquiring the Xanadu Gold Project, further enhancing its exploration potential.
Average Trading Volume: 814,235
Technical Sentiment Signal: Buy
Current Market Cap: A$44.73M
See more data about KZR stock on TipRanks’ Stock Analysis page.