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Kalgoorlie Gold Mining to Expand Lighthorse Gold Discovery Drilling

Story Highlights
  • Kalgoorlie Gold Mining focuses on gold exploration in the Laverton Tectonic Zone.
  • The company plans an aircore drilling program to explore Lighthorse extensions in April 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Kalgoorlie Gold Mining to Expand Lighthorse Gold Discovery Drilling

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

Kalgoorlie Gold Mining Limited announced plans for an aircore drilling program scheduled for late April 2025 to explore potential extensions of the Lighthorse gold discovery at Pinjin. This initiative aims to extend drill coverage by approximately 2.5 km, targeting the northern and southern extensions of the Lighthorse corridor. The program is expected to enhance understanding of the mineralized system and inform future drilling efforts, potentially impacting the company’s exploration strategy and stakeholder interests.

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 resources, particularly within the Laverton Tectonic Zone.

YTD Price Performance: 277.78%

Average Trading Volume: 6,072,414

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$20.76M

Find detailed analytics on KAL stock on TipRanks’ Stock Analysis page.

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