Surface Drilling Campaign Commenced at Maldon
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| Stock | Kaiser Reef Ltd (KAU.ASX) |
|---|---|
| Release Time | 24 Jun 2026, 9:09 a.m. |
| Price Sensitive | Yes |
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Kaiser Reef Ltd Commences Surface Drilling at Maldon Gold Project
Key Points
- Surface diamond drilling campaign started at Maldon Gold Project
- Quill gold target drilling underway
- Approximately 4,350m planned in an initial phase over four targets
- Drilling expected to continue throughout the remainder of 2026
Full Summary
Kaiser Reef Limited (ASX: KAU) has announced the commencement of a surface diamond drilling campaign at its Maldon Gold Project. The campaign, which includes drilling at the Quill gold target, is planned to cover approximately 4,350 meters over four targets. Drilling at the Quill target was generated from Tailings Storage Facility (TSF) sterilisation drilling and a resistivity survey follow-up. Previous drilling returned promising results, including 8 meters at 4.16g/t Au from 10 meters, including 2 meters at 9.90g/t Au from 11 meters in drillhole TSAC_021. Drilling is expected to continue throughout the remainder of 2026, with additional targets being developed from surface mapping, soil sampling, and a forthcoming heli-mag survey.
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