Australia's Kalgoorlie Gold rises on extended mineralisation in WA project

Kalgoorlie Gold Mining

25/10/2023 04:31

** Shares of Australia's Kalgoorlie Gold Mining  KAL.AX 
rise as much as 14.3% to A$0.032, their highest level since Aug
7
    ** Co says drill results at Providence and Kirgella in its
Pinjin project in Western Australia extend the
Kirgella–Providence corridor with gold mineralisation 
    ** Says for the first time since its discovery almost a
decade ago, co has confirmed shallow, high-grade, shear-hosted
gold mineralisation at Providence
    ** About 2 mln shares change hands, about 20.2 times the
30-day average 
    ** Stock down ~66% this year, as of last close

 (Reporting by Sherin Sunny in Bengaluru)
 ((Sherin.Sunny@thomsonreuters.com))