Kalgoorlie Gold Mining has announced that the findings of drilling conducted in late 2023 at its Kirgella Gift site have been appraised, with thick gold intercepts defined from 3m beneath the surface.

The appraisal revealed strong similarities to deposits at the Rebecca Gold Project, 21km to the south, where gold mineralisation is hosted within larger, broad zones of gold anomalism defined by a 0.1 g/t gold (Au) cut-off.

Newly defined intercepts of this type (containing previously reported intercepts) include:

  • KGRC013: 32m at 1.29 g/t Au from 3m depth (containing 4m at 3.29 g/t Au from 16m)
  • KGRC23001: 35m at 1.15 g/t Au from 11m depth (containing 4m at 2.91 g/t Au from 16m)
  • KGRC004: 45m at 2.36 g/t Au from 51m depth (containing 33m at 3.10 g/t Au from 51m)

By defining these anomalous zones, three thick gold lodes are recognised at Kirgella Gift, and two at Providence. Numerous thinner, less continuous lodes are also evident in the footwall and hanging wall.

There is an active program underway to advance to an initial JORC Code (2012) Mineral Resource Estimate at Kirgella Gift and further drilling planned at Pinjin in 2Q CY2024 to test new targets.

Kalgoorlie Gold’s Managing Director, Matt Painter, said, “As gold prices surge, we believe that there is a clear pathway for Kalgoorlie Gold to access its gold resources to realise maximum benefit for shareholders. 

“The company is defining thick, shallow gold mineralisation within our projects that is either outcropping (at La Mascotte deposit near Kalgoorlie) or near surface (at Kirgella Gift and Providence, Pinjin). This provides a unique and exciting opportunity for inexpensive free digging into highly-prized oxide gold mineralisation for rapid monetisation of the company’s gold assets.

“Kalgoorlie Gold has undertaken a full reassessment of the Kirgella Gift and Providence gold prospects. We draw strong comparisons to the gold deposits of the Rebecca Project 21km along strike to the south, where discoverer Apollo Consolidated reported extensive anomalous gold mineralisation as a halo to higher grade mineralisation. 

“We are focused on defining a shallow, first-pass JORC Code (2012) Mineral Resource Estimate at Kirgella Gift in the Pinjin Gold Project to advance assessment for open pit gold mining.” 

Kalgoorlie Gold has completed a full assessment of the Kirgella Gift and Providence gold system at Pinjin incorporating all data from its three drill programs to date. 

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