• Henty production run-rate target increased to 35kozpa Au from late FY'27
• Maldon to unlock district-scale potential through data generation, target generation and testing, and Union Hill refurbishment
• Balance sheet management with self-funded growth and resilience exploration works

Kaiser Reef Limited (ASX: KAU) has provided an update on its strategic plan for the Henty Gold Mine and Maldon Gold Project. For Henty, the company is targeting a production run-rate of 35kozpa Au from late FY'27, with continued investment in the mine and processing plant, including maintaining a second diamond drill for resource and reserve growth. Near-mine and regional exploration will also commence in FY'27. For Maldon, Kaiser is undertaking a systematic process to unlock the project's district-scale potential, including data generation, target generation and testing, and refurbishment of the Union Hill mine in preparation for potential future production. The company has put in place an experienced exploration and project management team to oversee these activities. Kaiser's balance sheet continues to improve, with the company committed to self-funding growth and resilience exploration works on a campaign basis at both Henty and Maldon.

Henty Gold Mine production run-rate target of 35kozpa Au from late FY'27.

Kaiser is committed to generating value from the Maldon Gold Project through a systematic approach to data generation, target generation and testing, and Union Hill refurbishment. The company is also focused on continuing to strengthen its balance sheet through self-funded growth and resilience exploration works.