Australia's Kalgoorlie Gold Mining drops after WA tenement acquisition
25/06/2026 06:58
BUZZ-Australia's Kalgoorlie Gold Mining drops after WA tenement acquisition ** Shares of Kalgoorlie Gold Mining KAL.AX slip 7.4% to A$0.025, their lowest since June 12
** KAL secures a cluster of 15 near-contiguous tenements along strike from the Gourdis and Vause gold mines in Western Australia; No deal value disclosed
** Package covers ~23.7 km² of prospective greenstone stratigraphy of the Yandal Greenstone Belt, one of the most productive gold corridors in Western Australia
** YTD, stock has halved in value
(Reporting by Kumar Tanishk in Bengaluru)
((Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))
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Australia's Kalgoorlie Gold Mining drops after WA tenement acquisition