Kalamazoo Resources Limited (ASX:KZR)

Kalamazoo Resources Limited (KZR) has outlined a new Underground Exploration Target at the Peake Deposit, part of the Ashburton Gold Project in Western Australia. The exploration target is estimated between 1.7-2.6 million tonnes at 3.4-5.0 g/t Au, aiming for an additional 240-380koz of gold. This target complements the existing Mineral Resource, potentially increasing the project's overall estimated gold content to 450,000 - 590,000 ounces when combined. The company is focused on testing down dip and strike extensions of high-grade vein systems along several mineralised trends like Shinkansen, ICE, TGV, Eurostar, and Maglev, which collectively define a significant exploration footprint. Kalamazoo is also advancing its Pre-Feasibility Study (PFS) for the Mt Olympus Project, which is integral to the Ashburton initiative. Exploration and drilling are being prioritized to convert Inferred Resources to Indicated, support ore reserve estimations, and contribute technical data for the PFS. The Peake Deposit and surrounding areas are being targeted for both shallow oxide and deeper sulphide resources, with ongoing and planned drilling programs designed to further evaluate and exploit these mineralised trends.