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Kalgoorlie Gold Mining Limited ( (AU:KAL) ) has shared an update.
Kalgoorlie Gold Mining Limited has announced the integration of Sub-Audio Magnetics (SAM) geophysical survey data into its existing datasets, which will guide its upcoming reverse circulation (RC) and diamond drilling programs at the Pinjin Gold Project. The SAM data has provided insights into sub-surface structural features, aiding in the planning of the company’s largest RC drill program to date, set to commence in mid-September 2025. This program will include extensive drilling at the Lighthorse, Wessex, and Providence South prospects, targeting gold anomalism and mineralisation. The results from the SAM survey have highlighted elevated conductivity zones that correlate with known gold distributions, enhancing the company’s exploration strategy and potentially impacting its industry positioning by advancing its exploration efforts in the region.
More about Kalgoorlie Gold Mining Limited
Kalgoorlie Gold Mining Limited is a company operating in the mining industry, primarily focusing on gold exploration and mining activities. The company is engaged in identifying and developing gold deposits, with a particular emphasis on projects in the Eastern Goldfields region of Western Australia.
Average Trading Volume: 838,276
Technical Sentiment Signal: Sell
Current Market Cap: A$13.74M
See more data about KAL stock on TipRanks’ Stock Analysis page.