KAL – Kalgoorlie Gold Mining

List it did, on the 17th. Opened at 19c and now 18c

fell back to $0.02, ….and now, up 250 percent

Kalgoorlie Gold Mining announces the discovery of newly identified, extensive gold mineralisation at Pinjin (to be named “Lighthorse”)
• Thick, high-grade gold intercepts at Lighthorse include:
o KGAC24152: 17 m at 4.81 g/t Au from 48 m, including 8 m at 9.21 g/t Au from 52 m (hole ends in mineralisation)
o KGAC24153: 4 m at 4.72 g/t Au from 52 m (hole ends in mineralisation)
• These intercepts form a high-grade centre to previous results (ASX: KAL 18/12/24), including:
o KGAC24045: 8 m at 2.29 g/t Au from 60 m, including 4 m at 3.66 g/t Au from 64 m
o KGAC24036: 4 m at 1.05 g/t Au from 52 m
• Lighthorse is a KalGold-generated, greenfields gold discovery, characterised by:
o A 200 m wide primary gold target on the discovery section, open down dip.
o A 600 m strike, parallel to the Laverton Tectonic Zone, open to the northwest and southeast.
o Crosscutting mineralised structures extending over 800 m, open to the northeast.
o A footprint larger than either KalGold’s Kirgella Gift or Providence gold deposits
o No outcrop, and no effective historic drilling.
• Extensive, contiguous, widely-spaced intercepts suggest a large primary gold system obscured by transported cover. Further drilling is required to define the system’s full extent.
• Lighthorse is located in the southeast of the Eastern Goldfields, an area which is becoming a focus for gold discovery and development.

It is located:
o 1 km west of KalGold’s Kirgella Gift and Providence gold deposits,
o 12 km south of Hawthorn Resources’ (ASX:HAW) Anglo Saxon Gold Mine,
o 22 km northwest of Ramelius Resources’ (ASX:RMS) Rebecca Gold Project
o 30 km east of OzAurum Resources’ (ASX:OZM) high-grade gold discovery at Mulgabbie North
• A priority follow-up RC drill program is being fast-tracked for March 2025, pending rig availability.

and someone got in before yesterday’s trading halt