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Kalgoorlie Gold Mining Limited ( (AU:KAL) ) just unveiled an update.
Kalgoorlie Gold Mining Limited has submitted five new exploration licence applications in the southern part of the Laverton Tectonic Zone, aiming to expand its Pinjin Gold Project. This strategic move is expected to increase the company’s exploration potential and strengthen its position in the region. The company has also completed a SAM geophysical survey over the Lighthorse corridor, which may enhance the understanding of gold mineralization distributions. The expansion could significantly increase the area covered by the Pinjin Gold Project, providing opportunities for new gold discoveries.
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 exploring gold mineralization in the Laverton Tectonic Zone, aiming to expand its footprint and strategic position in the region.
Average Trading Volume: 3,465,955
Technical Sentiment Signal: Sell
Current Market Cap: A$15.26M
Learn more about KAL stock on TipRanks’ Stock Analysis page.