Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has shared an update.
Kalgoorlie Gold Mining Limited has announced a significant extension of its Lighthorse prospect, with the strike length more than doubling to 1,450 meters. This development is part of a larger exploration effort that includes an extensive RC drilling campaign, marking the company’s largest to date. The program aims to further explore gold anomalism and mineralization, potentially leading to significant gold discoveries at depth. The expansion of the Lighthorse footprint and the upcoming drilling activities are expected to enhance KalGold’s exploration capabilities and strengthen its position in the gold mining sector.
More about Kalgoorlie Gold Mining Limited
Kalgoorlie Gold Mining Limited operates in the mining industry, focusing on gold exploration and development. The company is engaged in identifying and expanding gold deposits, with a market focus on increasing its resource base and advancing its exploration projects.
Average Trading Volume: 1,918,364
Technical Sentiment Signal: Buy
Current Market Cap: A$17.94M
For an in-depth examination of KAL stock, go to TipRanks’ Overview page.