KCN.ASX: Continued Exploration Success at the Chatree Gold Mine

Continued Exploration Success at the Chatree Gold Mine

Stock	Kingsgate Consolidated Ltd (KCN.ASX)
Release Time	16 Jul 2025, 9 a.m.
Price Sensitive	Yes

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Continued Exploration Success at the Chatree Gold Mine

Key Points

Successful drilling at Chatree South-East Complex, with significant gold intercepts
Continued exploration success at Chang Puek prospect, with additional gold mineralization identified
Hydrogeology and geotechnical studies underway to support future development

Full Summary

Kingsgate Consolidated Limited (ASX: KCN) announced continued exploration success at the Chatree Gold Mine in Thailand. The company has completed planned drilling to inform an inaugural resource estimate for the Chatree South-East Complex, a prospective area located approximately 3km from the Chatree Gold Mine. Drilling highlights at the South-East Complex include 16m@2.61 g/t Au, 16m@0.92g/t Au, and 22m@1.29g/t Au. Kingsgate also reported further significant gold and silver continuity at the Chang Puek prospect, with drilling highlights including 32m@2.94g/t Au, 15m@0.91g/t Au, and 10m@2.36g/t Au. The company has engaged consultants to conduct hydrogeology and geotechnical studies for the Chatree South-East Complex to support future development. Exploration activities are also ongoing at the Nueva Esperanza Development Project in Chile, with geochemical assessment of rock chip and soil samples in progress.