Kalgoorlie Gold Mining Limited Reports Positive SAM Geophysical Survey Results at Pinjin Gold Project
Recent high-resolution Sub-Audio Magnetics (SAM) geophysical survey results have provided valuable insights for Kalgoorlie Gold Mining Limited at its Pinjin Gold Project. The survey has resulted in the identification of extensive elevated conductivity zones that correlate with known gold distributions, guiding the company's upcoming RC drill program. The program will include 50 RC holes for approximately 6,200 meters, targeting gold anomalism and mineralisation across the Lighthorse corridor, as well as the Wessex and Providence South prospects.
Key Takeaways:
- The SAM geophysical survey, completed in June 2025, has provided valuable insights into sub-surface structural features associated with gold anomalism and mineralisation at the Pinjin Gold Project.
- The survey has identified extensive zones of elevated relative conductivity throughout the survey area, which commonly correlate with known gold mineralisation and anomalism.
- The spatial distribution of conductivity features provides a much improved understanding of the structural architecture associated with gold anomalism and mineralisation.
- The company's upcoming RC drill program, scheduled to commence in mid-September 2025, will comprise 50 holes for approximately 6,200 meters.
- The program includes targeting of aircore gold anomalism at Lighthorse, as well as first-pass RC drilling at the Wessex prospect and testing of gold anomalism associated with elevated arsenic at Providence South.
- Diamond drilling at Kirgella Gift and Providence is expected to commence shortly, subject to rig availability, and is supported by $130,000 in co-funding under the West Australian Government's Exploration Incentive Scheme.
Statistics:
- 50 RC holes planned for the upcoming drill program, comprising 40 holes for 4,750 meters at Lighthorse, 7 holes for 1,050 meters at Wessex, and 3 holes for 400 meters at Providence South.
- Total planned drilling distance for the program is approximately 6,200 meters.
- The Pinjin Gold Project covers a substantial portion of the southern part of the prolific Laverton Tectonic Zone (LTZ).
- The project is strategically located near Ramelius Resources' Rebecca Gold Project, where a recent pre-feasibility study outlined a path to gold production by 2027.
Sources:
- Kalgoorlie Gold Mining Limited news release, dated the data not specified.
- Kalgoorlie Gold Mining Limited news release, 25 July 2024.
- Kalgoorlie Gold Mining Limited news release, 23 October 2024.