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Kalgoorlie Gold Mining Limited (ASX:KAL)

ALERT: Price-sensitive ASX Announcement for KAL
Current share price for KAL : $0.025 -0.003 (-10.71%)+
Announcement
Release
2 Jun 2026 8:27AM
Price at Release
$0.028
Full Release
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Summary
Kalgoorlie Gold Mining Limited (KalGold) announced the completion of Reverse Circulation (RC) drilling at Kirgella Gift and plans to commence the Flexure aircore program. This program will test the newly explored Flexure area, which features multiple gold targets. The upcoming aircore program will include up to 225 drill holes over 12 lines, aiming to uncover gold mineralisation within the weathered rocks of the Laverton Tectonic Zone (LTZ). This initiative is part of KalGold's broader strategy for systematic exploration in the Pinjin Project, aiming to efficiently discover shallow, low-cost gold resources. Further RC drilling is scheduled to resume in July 2026 to continue exploration efforts at Lighthorse. The Pinjin Project, positioned strategically in a prolific gold zone, highlights KalGold's commitment to expanding its resource base in a cost-effective manner.
Key Points
  • Kirgella RC drilling completed.
  • Flexure aircore program is the next step.
  • The Flexure area is a newly tested area with numerous gold targets.
  • Aircore program to conduct 225 holes over 12 drill lines.
  • Program aims to identify gold in weathered rocks.
  • KalGold's strategy includes systematic exploration across the Pinjin Project.
  • The Pinjin Gold Project is located in a prime location in the Laverton Tectonic Zone.
  • KalGold is focusing on defining shallow, low-cost gold resources.
  • The company plans to resume RC drilling in July 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.