Kalgoorlie Gold Mining Limited (ASX:KAL)

Matt Painter
Market Cap (AUD): 8.33M
Sector: Materials
Last Trade (AUD): 0.115 +0 (+0%)
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1. About

Kalgoorlie Gold Mining Limited (ASX:KAL) is a mineral exploration company focussed on the acquisition, exploration and development of mineral resource projects throughout the Kalgoorlie region of Western Australia.

The Company was demerged from Ardea Resources Limited (ASX:ARL) in 2021 to explore its quality portfolio of highly prospective projects using modern day exploration techniques.

Kalgoorlie Gold Mining's projects include:

Bulong Taurus Gold Project

Significant historic gold mines in the Taurus gold mining centre at Bulong including the Great Ophir, Central and Turnpike prospects, with exceptional recent metal detecting gold nugget discoveries with fine filigree gold attached to quartz veins.

Laverton Tectonic Zone Gold Project

Tenure within the Laverton Tectonic Zone immediately west of the historic Pinjin gold mining centre, again the site of recent metal detecting gold nugget discoveries in areas of virtually no historic drill exploration. 

Keith Kilkenny Tectonic Zone Gold Project

Granted tenure within the Keith Kilkenny Tectonic Zone, which (outside of the Company's tenure) hosts significant gold resource discoveries from Apollo Hill in the north to Carosue Dam and Lake Roe in the south. The Company's tenure has been a nickel laterite holding for the last two decades with only desultory gold exploration. The tenure will be assessed initially through the assay of archived drill assay pulps for gold and its pathfinder elements. 

Other projects 

These include Perrinvale, Kalgoorlie, Pianto South and Davies Dam. These projects contain greenfields targets on crustal-scale Tectonic Zone structures, which have been under-explored due to the presence of surface cover obscuring the prospective basement rocks. 

2. Business model

3. Strategy

4. Markets

5. Competition

6. History

7. Team

8. Financials

9. Risk