InvestSMART

Kalgoorlie Gold Mining Limited (ASX:KAL)

ALERT: Price-sensitive ASX Announcement for KAL
Current share price for KAL : $0.029 0 (0%)+
Announcement
Release
20 Jul 2026 11:26AM
Price at Release
$0.029
Full Release
download
Summary
Kalgoorlie Gold Mining Limited reported its activities for the quarter ending 30 June 2026. The company completed a significant reverse circulation (RC) drilling program at its Kirgella Gift and Providence sites, with several holes extended due to promising lithologies. The Pinjin Gold Project continues to be a focus, with new exploration efforts at the LTZ Flexure target. Additionally, KalGold acquired the Central Yandal Gold Project, expanding its tenement holdings. Financially, the company maintains a sound balance sheet with $1.82 million in cash and no debt as of the quarter's end. The company's exploration expenditure for the quarter was $929,000.
Key Points
  • Completed RC drilling at Kirgella Gift and Providence.
  • Engaged in new exploration at the LTZ Flexure target.
  • Acquired Central Yandal Gold Project.
  • Maintained a total inferred mineral resource of 214,300 ounces of gold.
  • Company in a strong financial position with $1.82 million in cash and no debt.
  • Quarterly exploration expenditure amounted to $929,000.
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.