Ann: Quarterly Activities Report, page-2

Kalamazoo Resources: Milestones and future prospects in the gold sector
https://www.axinocapital.de/news/kalamazoo-resources/kalamazoo-resources-meilensteine-und-zukunftsperspektiven-im-goldsektor

Kalamazoo Resources has published its latest quarterly report and says it has made significant progress on its projects in Western Australia and Victoria.The report particularly highlights developments at the Ashburton Gold Project and the Mallina West Gold Project and provides insights into the company's financial measures and strategic initiatives.
Ashburton Gold Project: Progress towards acquisitionThe Ashburton Gold Project is a central part of Kalamazoo's growth strategy.With a resource of 1.44 million ounces of gold and an average grade of 2.8 g/t, the project offers considerable potential.De Grey Mining has an exclusive option to acquire the project for a total of AUD 30 million by August 2025.
A non-refundable option fee of AUD 3 million was already paid in advance.In the last quarter, De Grey completed a detailed metallurgical drilling program that included ten holes with a total length of 2,152.3 meters.According to Kalamazoo, this work is a crucial part of the due diligence review that determines a possible takeover.CEO Dr. Luke Mortimer emphasized that the completion of the drilling activities marks an important milestone in this process.
Overview of the Ashburton & Mallina West projects in the Pilbara regionMallina West:
Discovery potential along promising structuresThe Mallina West gold project, which lies along the same geological structure as De Grey's Hemi project, is showing promising progress, according to Kalamazoo.Previous drilling results have identified high-grade gold anomalies, including a discovery of 10.35 g/t gold at shallow depth.Geophysical surveys were completed in the last quarter to identify new exploration targets.
The results of these analyses are expected to be published in the coming quarter.
Victoria: Opportunities in gold and antimony projectsIn the Central Victorian Goldfields, Kalamazoo has further developed the South Muckleford and Mt Piper projects.The South Muckleford project has shown particularly great potential with historical discoveries of gold and antimony.Against the backdrop of growing demand for antimony, which is considered a critical metal, the company plans to continue to push ahead with exploration in this region.Location of Kalamazoo's gold exploration projects in Central VictoriaFinancial stability and capital raisingIn the last quarter, Kalamazoo carried out a capital increase that brought in AUD 1.13 million.This means the company is financially well positioned to continue its exploration activities.
At the end of the quarter, Kalamazoo had liquid funds of AUD 746,000.
Outlook:
According to Kalamazoo, the coming months could bring decisive progress.The outcome of De Grey Mining's due diligence on the Ashburton project is awaited and could significantly strengthen the company's financial and strategic position.At the same time, new results from the exploration programs at Mallina West and in the Central Victorian Goldfields could highlight further commercial opportunities.