Significant Down-Plunge Growth Potential at KGP
Filed with ASX · · 28 pages · English
Summary by 6ix AI
Ausgold Limited has released an update on the Katanning Gold Project, confirming significant down-plunge growth potential based on recent drilling results. The report highlights multiple significant gold intersections from extensional and in-fill drilling, indicating that the mineralised system continues beyond the current resource limits. Management expressed optimism about the project's growth potential, with further assays pending from deep drilling efforts. The ongoing drilling program aims to expand the mineral resource and enhance confidence in the geological model ahead of a planned resource estimate update.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Earlier from Ausgold
- Development Activities Accelerate at the KGP
- High-Grade Results Support Targeted Resource Growth at KGP
- Ausgold Strengthens Senior Leadership Team
- Early Works Commence at the Katanning Gold Project
- High-Grade Results Confirm Growth Potential at KGP
Later from Ausgold
- Key Permitting Milestones Achieved
- OceanaGold Agrees to Acquire Ausgold
- OceanaGold Announces Acquisition of Ausgold
- OceanaGold Acquisition of Ausgold - Presentation
- Quarterly Activities/Appendix 5B Cash Flow Report
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