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Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has shared an update.
Kalgoorlie Gold Mining Limited has completed reverse circulation and diamond drilling programs at its Pinjin Project, targeting near-surface gold and testing geophysical anomalies. The program, co-funded by the WA state government’s Exploration Incentive Scheme, aims to enhance understanding of gold mineralization at depth. Assay results are pending, and the company plans to update stakeholders upon receipt. This development could further solidify KalGold’s position in the gold mining industry by potentially expanding its resource base and enhancing its strategic presence in a key gold-producing region.
More about Kalgoorlie Gold Mining Limited
ASX-listed Kalgoorlie Gold Mining Limited (KalGold) is a low-cost gold discovery company with a significant portfolio of projects in Western Australia. The company focuses on defining shallow, potentially open-pittable gold resources at minimal costs. Its key projects include the Pinjin Project in the Laverton Tectonic Zone and the Bulong Taurus Project near Kalgoorlie-Boulder, both of which have substantial inferred mineral resources.
Average Trading Volume: 1,417,073
Technical Sentiment Signal: Buy
Current Market Cap: A$30.06M
See more data about KAL stock on TipRanks’ Stock Analysis page.