Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | Kalgoorlie Gold Mining Ltd (KAL.ASX) |
|---|---|
| Release Time | 28 Oct 2025, 8:22 a.m. |
| Price Sensitive | Yes |
Quarterly Activities and Cash Flow Report
- Aircore drilling extended strike length of Lighthorse prospect at Pinjin Gold Project
- Largest RC drill program commenced to confirm primary gold mineralization at Lighthorse, Wessex, and Providence South
- SAM geophysical survey completed, enhancing targeting for current drill program
Kalgoorlie Gold Mining Limited (KAL) reported on its activities during the September 2025 quarter. Key highlights include:- Aircore drilling at the Pinjin Gold Project successfully extended the strike extent of the Lighthorse prospect, more than doubling the gold mineralization and anomalism footprint to over 1,450 m. A second strong anomaly was also identified 800 m north of the original discovery.- KalGold commenced its largest RC drill program (50 holes for 6,200 m) to confirm primary gold mineralization beneath the aircore mineralization at the Lighthorse, Wessex, and Providence South prospects. This program is ongoing.- A Sub-Audio Magnetics (SAM) geophysical survey covering over 9.5 sq km was completed, identifying anomalies coinciding with known gold anomalism and mineralization to enhance targeting for the current drill program.- Beyond the ongoing RC program, KalGold continues to build a pipeline of additional gold exploration targets across the Pinjin Gold Project, with only around 10% of conceptual targets tested so far.- At the Bulong Taurus Gold Project, no new work was undertaken during the quarter, but discussions continue regarding the La Mascotte gold deposit.- KalGold's total JORC Code (2012) Inferred Mineral Resource base remains at 214,300 ounces of gold, with resources either outcropping or located within meters of surface.- The company's cash position was significantly strengthened to $5 million at the end of the quarter, driven by option exercise by existing shareholders.
No material, price-sensitive forward-looking financial metrics were provided.
KalGold continues to build a pipeline of additional gold exploration targets across the Pinjin Gold Project, with plans to advance these through first pass aircore drill testing, followed by RC and diamond drilling as appropriate.