Brightstar Resources also recently updated its mineral resource estimate for its flagship Cork Tree Well project. The company unveiled 5.6 million tonnes at 1.4g/t per tonne gold for 252,000 ounces, adding 15,100 ounces to its previous JORC resource at its site near Laverton, in the north of the Goldfields region.
Kalgoorlie Gold Mining joined the party in unveiling a maiden mineral resource for its La Mascotte gold deposit near Kalgoorlie of 3.61 million tonnes at 1.19 grams per tonne gold, for a total of 138,000 gold ounces. The resource is a first for a deposit in the Taurus goldfield that hosts KalGold’s broader Bulong Taurus project.
KAL Price at posting:
4.0¢ Sentiment: Buy Disclosure: Held
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