Kaiser Reef Advances Maldon Gold Project with New Waste Dump Drilling
Kaiser Reef Limited (ASX: KAU) is progressing its Maldon Gold Project in Victoria through a major drilling program targeting the Union Hill waste dumps, which cover more than 50,000m² and contain an estimated 410,000m³ of material. The upcoming 240-hole, 3,191-metre slimline RC drill campaign aims to confirm overall grades and refine volume estimates following earlier channel sampling, which averaged 0.6g/t gold. Trial processing of 2,628 tonnes during October achieved 0.86g/t with 99% recovery, indicating potential for low-grade stockpile generation. The Company is also advancing permitting for similar assessment at the Nuggetty waste dump, where rock-chip sampling to date has averaged 1.8g/t gold. Success across both sites could provide significant mill feed for the 200ktpa Porcupine Flat Processing Plant, supporting ongoing operations while broader exploration continues. Kaiser remains focused on reinvigorating the historic Maldon field, which has produced 1.75Moz of gold historically.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au
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Kaiser Reef Advances Maldon Gold Project with New Waste Dump Drilling
Kaiser Reef Limited (ASX: KAU) is progressing its Maldon Gold Project in Victoria through a major drilling program targeting the Union Hill waste dumps, which cover more than 50,000m² and contain an estimated 410,000m³ of material. The upcoming 240-hole, 3,191-metre slimline RC drill campaign aims to confirm overall grades and refine volume estimates following earlier channel sampling, which averaged 0.6g/t gold. Trial processing of 2,628 tonnes during October achieved 0.86g/t with 99% recovery, indicating potential for low-grade stockpile generation. The Company is also advancing permitting for similar assessment at the Nuggetty waste dump, where rock-chip sampling to date has averaged 1.8g/t gold. Success across both sites could provide significant mill feed for the 200ktpa Porcupine Flat Processing Plant, supporting ongoing operations while broader exploration continues. Kaiser remains focused on reinvigorating the historic Maldon field, which has produced 1.75Moz of gold historically.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au.au