Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has provided an announcement.
Kalgoorlie Gold Mining Limited has announced the confirmation of primary gold mineralisation at its Lighthorse prospect, part of the Pinjin Project, located northeast of Kalgoorlie-Boulder. The recent reverse circulation (RC) drilling program has revealed significant gold intercepts, indicating mineralisation extends to depth and remains open in multiple directions. The company plans to expand its drilling efforts, including aircore and further RC drilling, to better understand the extent and orientation of the mineralisation. This discovery positions KalGold to potentially define a Mineral Resource Estimate, enhancing its exploration prospects and stakeholder value.
More about Kalgoorlie Gold Mining Limited
Kalgoorlie Gold Mining Limited, trading as KalGold, operates in the mining industry with a focus on gold exploration and development. The company is primarily engaged in the exploration of gold deposits in the Kalgoorlie region of Western Australia.
YTD Price Performance: 270.0%
Average Trading Volume: 7,799,660
Technical Sentiment Signal: Sell
Current Market Cap: A$28.11M
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