Kalgoorlie Gold Mining Limited (AU:KAL) has released an update.
Kalgoorlie Gold Mining Limited has announced a promising Inferred Mineral Resource Estimate of 76,400 ounces of gold at the shallow depths of just 3 meters at its Kirgella Gift and Providence deposits. The discovery has been achieved with a remarkably low exploration cost of approximately A$4.20 per ounce, and with gold prices soaring above A$3,600/oz, this bolsters KalGold’s total mineral resources to 214,300 ounces, signaling potential for future growth and production optimization.
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