KalGold lines up new WA gold target with 225-hole aircore program

The West Australian06-02

Kalgoorlie Gold Mining has opened a fresh exploration front in its hunt for gold at the company’s Pinjin project, bringing forward drilling at a previously untested target within Western Australia’s ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2640874915?lang=en_US&edition=fundamental","thumbnail":"https://images.thewest.com.au/publication/C-22373632/7acf78daf8b830ebe64453cff50382d0ec1c2744.jpg","is_english":true,"pubTime":"2026-06-02 07:59","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2640874915","market":"us","top_or_hot":-1,"title":"KalGold lines up new WA gold target with 225-hole aircore program","media":"The West Australian","content":"<div>\n<p>Kalgoorlie Gold Mining has opened a fresh exploration front in its hunt for gold at the company’s Pinjin project, bringing forward drilling at a previously untested target within Western Australia’s ...</p>\n\n<a href=\"https://thewest.com.au/business/bulls-n-bears/kalgold-lines-up-new-wa-gold-target-with-225-hole-aircore-program-c-22373632\">Source Link</a>\n\n</div>\n","source":"thewest_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>KalGold lines up new WA gold target with 225-hole aircore program</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKalGold lines up new WA gold target with 225-hole aircore program\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-02 07:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thewest.com.au/business/bulls-n-bears/kalgold-lines-up-new-wa-gold-target-with-225-hole-aircore-program-c-22373632><strong>The West Australian</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Kalgoorlie Gold Mining has opened a fresh exploration front in its hunt for gold at the company’s Pinjin project, bringing forward drilling at a previously untested target within Western Australia’s ...</p>\n\n<a href=\"https://thewest.com.au/business/bulls-n-bears/kalgold-lines-up-new-wa-gold-target-with-225-hole-aircore-program-c-22373632\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IAU","symbol_name":"黄金信托ETF-iShares","start_time":0,"source_url":"https://thewest.com.au/business/bulls-n-bears/kalgold-lines-up-new-wa-gold-target-with-225-hole-aircore-program-c-22373632","article_id":"2640874915","we_media_id":null,"thumbnails":["https://images.thewest.com.au/publication/C-22373632/7acf78daf8b830ebe64453cff50382d0ec1c2744.jpg"],"rights":{"source":"thewest_stock","url":"https://thewest.com.au/business/bulls-n-bears/kalgold-lines-up-new-wa-gold-target-with-225-hole-aircore-program-c-22373632","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2640874915","pubTimestamp":1780358370,"columns":[],"sourceInfo":{"source_id":"thewest_stock","name":"The West Australian"},"weMediaInfo":null,"summary":"Kalgoorlie Gold Mining has brought forward first-ever drilling at its untested LTZ Flexure target near Laverton while awaiting assays from 3702m of RC drilling at its Kirgella Gift and Providence gold deposits.","collect":0,"end_time":0,"defaultTopTitle":"thewest.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"IAU":"黄金信托ETF-iShares","GDX":"黄金矿业ETF-VanEck","SGOL":"Abrdn Gold ETF Trust","GOAU":"U.S. Global GO GOLD and Precious Metal Miners ETF","OUNZ":"VanEck Merk黄金股票基金","DGP":"二倍做多黄金ETN(PowerShares)","BTGD":"STKD Bitcoin & Gold ETF","UYM":"基础材料指数ETF-ProShares两倍做多","IAUI":"NEOS Gold High Income ETF","GDXD":"MicroSectors Gold Miners -3x Inverse Leveraged ETN","BGLD":"FT Vest Gold Strategy Quarterly Buffer ETF","IAUM":"ISHARES GOLD TRUST MICRO","DBC":"商品指数ETF-PowerShares DB","GDXJ":"小型黄金矿业ETF(Market Vectors)","GLD":"黄金ETF-SPDR","GBUG":"Sprott Active Gold & Silver Miners ETF","GLL":"2倍做空黄金ETF-ProShares","UGL":"2倍做多黄金ETF-ProShares","JNUG":"金矿指数二倍做多ETF","GDXU":"MicroSectors Gold Miners 3x Leveraged ETN","DUST":"二倍做空黄金矿业指数ETF-Direxion","CEF":"Sprott Physical Gold & Silver Trust","RC":"Ready Capital Corp","XME":"金属与采矿指数ETF-SPDR","DZZ":"德银黄金两倍做空ETN","GOLY":"Strategy Shares Gold Enhanced Yield ETF","JDST":"金矿指数二倍做空ETF","YGLD":"Simplify Gold Strategy PLUS Income ETF","SHNY":"MICROSECTORS GOLD 3X LEVERAGED ETN","IGLD":"FT Vest Gold Strategy Target Income ETF®","GLDM":"SPDR Gold MiniShares Trust","GDXY":"YieldMax Gold Miners Option Income Strategy ETF","DULL":"MICROSECTORS GOLD -3X INVERSE LEVERAGED ETN","BK4504":"桥水持仓","SGDM":"Sprott Gold Miners ETF","BEGS":"RAREVIEW 2X BULL CRYPTOCURRENCY & PRECIOUS METALS ETF","BK4110":"抵押房地产投资信托","PHYS":"Sprott Physical Gold Trust","RING":"iShares MSCI Global Gold Miners ETF","BK4588":"碎股","GLTR":"abrdn Physical Precious Metals Basket Shares ETF","DGZ":"做空黄金ETN(德银)","AAAU":"Goldman Sachs Physical Gold ETF","BAR":"GraniteShares Gold Shares","GLDY":"Defiance Gold Enhanced Options Income ETF","PICK":"iShares MSCI Global Metals & Mining Producers ETF","BK4207":"综合性银行","FGDL":"FRANKLIN RESPONSIBLY SOURCED GOLD ETF","KGLD":"Kurv Gold Enhanced Income ETF","USG":"USCF Gold Strategy Plus Income Fund"},"translate_title":"KalGold通过225孔空心计划制定新的西澳黄金目标","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DZZ":1.5,"GBUG":1.5,"SGOL":1.5,"DGZ":0.6,"GOLY":1.5,"JNUG":1.5,"USG":1.5,"BEGS":1.5,"UYM":1.5,"FGDL":1.5,"GLL":1.5,"IAUI":1.5,"OUNZ":1.5,"SHNY":1.5,"UGL":1.5,"GLDM":1.5,"CEF":1.5,"IAUM":1.5,"DBC":1.5,"DGP":1.5,"JDST":1.5,"XME":1.5,"GDXJ":1.5,"PICK":1.5,"KGLD":0.6,"SGDM":1.5,"GDXD":1.5,"IGLD":0.6,"YGLD":0.6,"RC":1,"BAR":1.5,"GLD":0.6,"GLTR":1.5,"GOAU":1.5,"GLDY":0.6,"BGLD":0.6,"GDXU":1.5,"AAAU":1.5,"DUST":1.5,"IAU":1.5,"RING":1.5,"BTGD":1.5,"PHYS":1.5,"DULL":1.5,"GDXY":1.5,"GDX":1.5},"content_text":"Kalgoorlie Gold Mining has opened a fresh exploration front in its hunt for gold at the company’s Pinjin project, bringing forward drilling at a previously untested target within Western Australia’s prolific Laverton Tectonic Zone.The Pinjin project sits 140km northeast of Kalgoorlie and the company is now awaiting assays from a completed reverse circulation (RC) drilling campaign at its Kirgella Gift and Providence deposits.The significance lies less in the completed drilling itself and more in the multiple opportunities now emerging across the project. Together, the programs have broadened KalGold’s focus from extending known mineralisation to testing an entirely new gold target, creating several pathways for growth.The strategy builds on two years of systematic exploration that has delivered new resources, unearthed several mineralised corridors and generated a plethora of targets through geophysics and reconnaissance drilling.The recently completed campaign punched out 21 RC holes for 3702 metres at Kirgella Gift and Providence, targeting extensions to known gold mineralisation, the ground between the two prospects and potential strike growth to the north.Several holes were pushed deeper than planned after intersecting favourable lithologies and alteration, with samples submitted to Kalgoorlie laboratories and assays now pending.While the market waits for those results, attention is shifting to the Laverton Tectonic Zone Flexure target.KalGold has brought forward an extensive first-pass aircore campaign after securing heritage clearance from the Kakarra people to drill the previously untested area.The target sits 3.5km southeast of Kirgella Gift and Providence within a distinct bend in the regional structure that management believes hosts multiple geophysical and structural gold targets.The company plans to drill up to 225 aircore holes for 10,750m across 12 drill lines on 320m by 80m centres.The low-cost reconnaissance program mirrors the exploration approach that led to the Lighthorse discovery and ultimately defined a gold corridor stretching 1.45km along strike. Management says the drilling will quickly screen the target area and identify zones for more intensive follow-up work with the RC rig.Kalgoorlie Gold Mining managing director Matt Painter said: “KalGold is systematically working through a structured pipeline of discovery and resource growth opportunities throughout the LTZ at Pinjin which, in our view, remains significantly under explored for a gold belt hosting several multi-million ounce gold deposits.”The Pinjin project covers a substantial stretch of the southern Laverton Tectonic Zone, 25km north along strike from Ramelius Resources’ Rebecca project, in one of Australia’s most richly endowed gold belts.Kirgella Gift and Providence, which host a combined 76,400-ounce gold resource, remain the focal point of KalGold’s latest drilling push. However, the company is also quietly building a second growth story at the nearby Lighthorse prospect, 3.5 kilometres to the northeast, where a standout discovery hole 18 months ago delivered 17 metres at 4.81g/t gold, including a red-hot 4m section grading 16.95g/t. Since then, drilling has traced gold mineralisation across an impressive 1.45-kilometre strike, hinting that Lighthorse could yet emerge as another key piece in the company’s growing Pinjin gold puzzle.KalGold also holds the 137,900-ounce La Mascotte gold resource near Kalgoorlie. Rather than focusing on a single prospect, management has systematically applied geophysics, aircore, reverse circulation and diamond drilling to rank and test multiple targets across Pinjin, steadily building a district-scale exploration pipeline.The next phase includes diamond drilling beneath Kirgella Gift and Providence after earlier drilling confirmed primary gold mineralisation extends below the shallow resource. Reverse circulation drilling is also scheduled to return to Lighthorse in July, creating a steady stream of exploration catalysts.With Australian-dollar gold prices hovering near record highs and producers continuing to hunt for new sources of future ounces, KalGold is evolving from proving up isolated deposits towards evaluating district-scale opportunities.The next wave of assays will reveal whether the latest drilling has expanded the Kirgella Gift-Providence system. In contrast, first drilling at the Laverton Tectonic Zone Flexure and deeper diamond drilling beneath existing resources could open entirely new avenues for growth.With multiple exploration fronts converging at Pinjin, KalGold is advancing resource expansion, depth extensions and greenfield discovery drilling in parallel.The company appears to be steadily building a district-scale discovery story in one of Australia’s most fertile gold belts, with the potential to transform Pinjin from a collection of prospects into a significant new gold camp.Is your ASX-listed company doing something interesting? Contact: matt.birney@wanews.com.au","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.44.0","shortVersion":"4.44.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2640874915","isCrawlerRequest":true}