Kalgoorlie Gold Mining (ASX:KAL) completed 16 drill holes for a total of 2,446 meters as part of its reverse circulation drilling campaign at the Lighthorse prospect at its Pinjin gold project in Western Australia, according to a Tuesday Australian bourse filing.
Rain events and groundwater inflows slowed the progress of the program. Its laboratory gold assays are being fast-tracked and the firm expects to define the three-dimensional distribution of gold mineralization in the subsurface at Lighthorse.
It will conduct an air core drill program to test possible strike extents of gold mineralization at the prospect.
Its shares fell 4% in recent trading on Tuesday.
免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。