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KalGold hails early drilling success in Goldfields

Updated: Apr 19

Kalgoorlie Gold Mines visible gold in hand specimen Credit: File

Western Australian gold explorer, Kalgoorlie Gold Mining has nailed a string of solid gold hits at its Pinjin project near Kalgoorlie including multiple intersections running between 10m and 15m wide grading upwards of 5 grams per tonne gold.

The company says recent reverse circulation drilling has yielded exceptional open-ended results from 3 prospects 140km northeast of Kalgoorlie extending its Kirgella North, Kirgella Gift and Providence target area to about 1150m of mineralised strike. Notably the strikes have occurred along a controlling shear and forms part of the world-class Laverton Tectonic Zone (LTZ) which hosts several major gold mines.

KalGold says plans are being drawn up for further targeted drilling into the steeply west-dipping shear zone.

For the first time since its discovery (by previous explorers) almost a decade ago, KalGold has confirmed shallow, high-grade, shear-hosted gold mineralisation at Providence. New RC and aircore drill programs are being designed to follow-up. At Kirgella Gift, results also extend the prospect beyond previous estimates. Shallow gold mineralisation is open within 40m of surface. Once again, thick, shear-hosted gold mineralisation has been intercepted and, promisingly, a new RC intercept at Kirgella North confirms gold mineralisation open to the north. Kalgoorlie Gold Mining managing director Matt Painter

Kirgella Gift results include one hole intercepting 11m at 1.56g/t gold from 24m, including 4m at 2.98g/t gold from 27m and 6m at 1.18g/t gold from 45m. A second hole jagged 10m at 1.16g/t gold from 85m including 1m at 2.9g/t gold from 88m, 15m at 0.98g/t gold from 166m and a further 4m at 2.14g/t gold from 173m.

The company said the consistent nature of the gold grades is typical of the LTZ shear-hosted gold mineralisation suggesting it can be modelled with a high level of confidence.

At Providence, about 450m south of Kirgella Gift, shallow, high-grade intercepts include one hole intercepting 11m running 2.51g/t gold from 32m including 4m going 5.63g/t gold from 39m and a second hole intercepting 14m at 1.32g/t gold from 125m including 2m running 4.45g/t gold from 132m.

Further extending the north-south strike extent of gold mineralisation, recently digitised, historic RAB drilling intercepts show strong, sub-grade gold anomalism on two lines up to 350m south of Providence.

Management says multiple lodes are evident throughout the entire tested area, that all gold intercepts are enclosed within coherent, sub-grade shear zones and that so far, mineralisation appears to be open in all directions.

KalGold says it has also identified coherent shear-hosted gold mineralisation at Kirgella North, about 90m north of Kirgella Gift, which yielded 4m going 1.5g/t gold including 1m running 2.39g/t gold from 93m.

The LTZ also hosts Ramelius Resources’ 1.1-million-ounce “Rebecca” gold project, about 20km south of KalGold’s ground, and Hawthorn Resources’ 0.21-million-ounce “Anglo Saxon” gold project just 10km to the north. The LTZ is dotted with a number of other major gold projects, including AngloGold Ashanti’s Sunrise Dam and Goldfield’s Granny Smith operations.

KalGold only recently secured the farm-in to acquire a 75 per cent interest in Kirgella and the Pinjin South tenure at the southern end of the Pinjin goldfield. At the same time the company also purchased a 100 per cent interest in 2 tenements about 10km west of Ramelius’ Rebecca project. The new tenement package covers about 49 square kilometres, giving the company a stake in 22km of potentially mineralised strike in a world-class gold precinct.

The new agreements complement KalGold’s existing tenure and applications to significantly increase the gold prospectivity of its Pinjin project which now extends to 280 square kilometres.

Interestingly, while only gold results have been reported to date, the company says an additional suite of elements has been analysed from selected holes to assist in defining vectors to gold mineralisation, alteration signatures, and detailed rock classification.

KalGold says that its recent reconnaissance drilling of the area will be followed up as soon as possible, with both RC and aircore drilling being on the cards. The program will also be accompanied by ongoing mapping, structural analysis and monitoring of other active exploration programs in the area to help identify the full extent of gold mineralisation in the Kirgella-Providence corridor.

With additional assay results from the current program pending, and a follow-up campaign already in the works, KalGold will be looking to ink another chapter in the famed history of exploration in the heartland of WA’s Goldfields.

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