KAL 0.00% 2.6¢ kalgoorlie gold mining limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

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    BULONG TAURUS GOLD PROJECT

    With the gold price hitting record highs during the quarter, the Company continues to examine possibilities at Bulong Taurus. La Mascotte deposit currently has a (JORC Code (2012) Inferred MRE of 3.61 Mt @ 1.19 g/t Au for 138,000 oz, which includes a higher-grade component of 1.35 Mt @ 1.92 g/t Au for 83,000 oz at a 1.0 g/t cut-off (KalGold ASX release, 7 March 2023). With gold mineralisation outcropping, continuing to depth, and remaining open both down-dip and down-plunge, it is encouraging that the Company’s first resource near Kalgoorlie is being recognised.
 
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