First Kirgella Gift Inferred Resource of 76,400oz from 3m
Filed with ASX · · 34 pages · English
Summary by 6ix AI
Kalgoorlie Gold Mining Limited has announced its first Inferred Mineral Resource Estimate for the Kirgella Gift and Providence gold deposits, totaling a significant amount of gold from a shallow depth. The estimate indicates that gold mineralization remains open at depth and along strike, suggesting potential for further resource growth with additional drilling. KalGold's total mineral resource base now stands at a notable amount, which positions the company to begin high-level mining optimization studies. The report highlights the economic viability of the discovery, with low exploration costs per ounce of gold.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Kalgoorlie Gold Mining Limited on 6ix
Earlier from Kalgoorlie Gold Mining
- Wessex drilling reveals thick gold intercepts Pinjin Project
- Drilling commences at shallow gold targets, Pinjin Project
- Thick, shallow gold at Kirgella Gift and Providence
- KalGold consolidates strategic position at Pinjin
- New gold intercepts and targets at Providence
Later from Kalgoorlie Gold Mining
- $2.3 million Placement and $0.5 million SPP
- Kalgoorlie Gold Mining - $2.3 million placement and $0.5 million SPP to advance the Pinjin project
- Follow-up drilling commences at Wessex
- Share Purchase Plan closes oversubscribed
- Options Prospectus
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