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Kalgoorlie Gold Mining Launches New Drilling Program at Lighthorse Discovery

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Kalgoorlie Gold Mining Launches New Drilling Program at Lighthorse Discovery

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Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has provided an update.

Kalgoorlie Gold Mining Limited has initiated a reverse circulation drilling program at its Lighthorse gold discovery to explore primary gold mineralization at depth. The program aims to build on previous high-grade aircore drilling results, with up to 16 holes planned across three drill lines. The company is fast-tracking gold-only assays, expecting results by mid- to late April, while also preparing for further exploration to extend the Lighthorse prospect.

More about Kalgoorlie Gold Mining Limited

Kalgoorlie Gold Mining Limited is a company operating in the mining industry, focusing on gold exploration and development. The company is primarily engaged in discovering and developing gold deposits, with a market focus on expanding its gold resources through strategic drilling programs.

YTD Price Performance: 205.00%

Average Trading Volume: 5,898,952

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$18.62M

For an in-depth examination of KAL stock, go to TipRanks’ Stock Analysis page.

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