RC program defines high-grades and new targets at Lighthorse

Key points

• Highest grade gold result at Lighthorse to date: 19.70 g/t Au
• Multiple geological features suggest potential for significant mineralisation
• Planning underway to drill test newly defined targets

Full summary

Kalgoorlie Gold Mining Ltd (ASX: KAL) has reported strong results from recent follow-up RC drilling at the Lighthorse prospect. The drilling program, which targeted areas 1-2 km northwest of the Kirgella Gift and Providence deposits, returned the highest-grade gold result at Lighthorse to date, with 19.70 g/t Au from a 1m interval. The results support KalGold's view that the broader Pinjin area has potential to host a concealed goldfield or gold camp. Multiple geological features, including thick zones of vein and shear-hosted gold mineralisation, clusters of gold intercepts over broad thicknesses, and the development of a second supergene blanket, point towards something more substantial beneath cover. KalGold plans to drill test these newly defined targets to further evaluate the potential of the Lighthorse mineral system.

Outlook

KalGold plans to drill test newly defined targets at Lighthorse to further evaluate the potential of the mineral system.