AC drilling completed at LTZ Flexure, Pinjin Gold Project
Released
Released
Announcement PDF
ASX Announcement & Media Release | ASX: KAL | 14 August 2026
Aircore drill program completed over
LTZ Flexure gold targets at Pinjin.
KalgoorlieGoldMiningLimited | ACN645666164
Suite 2, 1209 Hay St, West Perth WA 6005, Australia
T: +61 (0)8 6002 2700 | E: info@kalgoldmining.com.au | www.kalgoldmining.com.au
Kalgoorlie Gold Mining (ASX: KAL) (‘KalGold’ or ‘the Company’) advises that it has successfully
completed planned aircore drilling across the Laverton Tectonic Zone (LTZ) Flexure target, centred
approximately 3.5 km south-east of the Kirgella Gift and Providence gold deposits at Pinjin.
Commenting on the completion of the drill program, KalGold MD and CEO Dr Matt Painter said:
“The KalGold team safely completed our largest single aircore drill program to date. I am
encouraged by geological observations during the drill program, with numerous features identified
in drill chips that are consistent with but not necessarily indicative of gold mineralisation. This will
be resolved when assay results are returned from the laboratory over the next 6 weeks.”
The Flexure program has tested a distinct bend in the regional scale, gold mineralising LTZ, which hosts
several of the major gold deposits of the Eastern Goldfields. Total metreage (7,212m from 225 aircore holes)
was materially lower than budget due to shallower than expected drilling depths (average = 32m). As a
result, KalGold expects to achieve planned first-pass exploration coverage at approximately two-thirds of
the originally anticipated cost.
The drilled area contains multiple geophysical and structural gold targets (ASX: KAL 11/03/2026), all of
which have now been systematically tested for the first time. Most holes were drilled to blade refusal. In
several locations, drilling was further extended through hard layers, such as silcrete and silicified zones
using a hammer drill bit, enabling deeper penetration similar to a small RC rig.
Meanwhile, the RC drill program at Lighthorse is nearing completion. Drilling has focussed on the northern
extent of the prospect, with additional targeted holes designed to define mineralisation distribution in the
vicinity of the initial discovery area. The program is expected to conclude next week.
Upcoming drill program
Further aircore drilling programs are planned, with final design to be informed by results from the Flexure
program. The next aircore campaign, scheduled to commence late September/early October 2026, will
focus on the Rebecca sequence to the north and northeast of the Flexure target areas. Additional infill
drilling may be undertaken over the Flexure to improve resolution (if required), with other areas between the
Lighthorse prospect and T15 to the south and within the northernmost parts of the Lighthorse prospect also
being considered.
For further information regarding KalGold, please visit www.kalgoldmining.com.au or contact:
Matt Painter
Managing Director and Chief Executive Officer
Tel +61 8 6002 2700
Page 2
Aircore drilling completedatLTZFlexure, Pinjin Gold Project
RC
Follow KalGold on social media.
About the Pinjin Project
The Pinjin Gold Project is located in a Tier One location approximately 140 km northeast of Kalgoorlie
Boulder and covers a substantial portion of the southern part of the prolific Laverton Tectonic Zone (LTZ).
To the north, this major crustal structure hosts some of the Eastern Goldfields’ largest gold mines and
deposits.
The project is strategically located near Ramelius Resources’ (ASX: RMS) Rebecca Gold Project, where
a recent pre-feasibility study outlined a path to gold production by 2027.
Figure 1 – Location map of the Kirgella Gift-Providence gold deposit and the Lighthorse prospect within KalGold’s Pinjin Project,
located around 140 km northeast of Kalgoorlie-Boulder. The project is situated approximately 25 km north of Ramelius
Resources’ (ASX: RMS) Rebecca Gold Project. Also shown is KalGold’s outcropping La Mascotte gold deposit 35 km east
of Kalgoorlie. Projection: MGA 94 Zone 51.
Authorised for lodgement by the Board of Kalgoorlie Gold Mining Limited.
Page 3
Aircore drilling completedatLTZFlexure, Pinjin Gold Project
RC
About KalGold
ASX-listed resources company Kalgoorlie Gold Mining (KalGold, ASX: KAL) is a proven, low-cost gold
discoverer with a large portfolio of West Australian projects and a total gold resource in excess of
214,000 oz. KalGold prides itself on defining shallow, potentially open-pittable gold resources at very
low costs, currently less than A$4.60 per ounce of gold2
. Current focus includes:
• The Pinjin Project within the 30 Moz Laverton Tectonic Zone (host to
Sunrise Dam, Granny Smith, Rebecca, Anglo Saxon, and Wallaby
projects) is located only 25 km north along strike from Ramelius
Resources (ASX: RMS) Rebecca Gold Project. A first JORC
Code (2012) Inferred Mineral Resource Estimate at Kirgella
Gift and Providence (2.34 Mt @ 1.0 g/t Au for 76,400 oz1
)
represents the first area targeted at Pinjin, with many
more targets scheduled for testing. The company aims
to define further resources as these targets are tested.
Some tenure is the subject of a farm-in over two years.
Between this tenure and KalGold’s own tenure and
applications, the Company has established a significant
presence in a strategic and important gold producing region.
• The Bulong Taurus Project, 35 km east of Kalgoorlie-
Boulder. Contains the outcropping La Mascotte gold deposit
where KalGold has defined a JORC Code (2012) Inferred Mineral Resource Estimate of
3.61 Mt @ 1.19 g/t Au for 138,000 oz2
, plus a series of satellite prospects and historic
workings of the Taurus Goldfield. Work continues at the project.
• The Central Yandal Gold Project, 45 km east of Wiluna and in the heart of the prolific
Yandal Greenstone Belt that is home to some of the world’s greatest gold discoveries
since the 1990s. Some tenure remains in application and assessment is ongoing.
1
See KalGold ASX release, “First Kirgella Gift Inferred Resource of 76,400oz from 3m”. 25 July 2024.
2
See KalGold ASX release, “La Mascotte gold deposit: First JORC (2012) Mineral Resource of 138,000 oz Au”. 7 March 2023.
Page 4
Aircore drilling completedatLTZFlexure, Pinjin Gold Project
RC
CAUTIONARY NOTE REGARDING FORWARD-LOOKING INFORMATION
This news release contains forward-looking statements and forward-looking information within the meaning of applicable
Australian securities laws, which are based on expectations, estimates and projections as of the date of this news release.
This forward-looking information includes, or may be based upon, without limitation, estimates, forecasts and statements as to
management’s expectations with respect to, among other things, the timing and amount of funding required to execute the
Company’s exploration, development and business plans, capital and exploration expenditures, the effect on the Company of any
changes to existing legislation or policy, government regulation of mining operations, the length of time required to obtain permits,
certifications and approvals, the success of exploration, development and mining activities, the geology of the Company’s
properties, environmental risks, the availability and mobility of labour, the focus of the Company in the future, demand and market
outlook for precious metals and the prices thereof, progress in development of mineral properties, the Company’s ability to raise
funding privately or on a public market in the future, the Company’s future growth, results of operations, restrictions caused by
COVID-19, performance, and business prospects and opportunities. Wherever possible, words such as “anticipate”, “believe”,
“expect”, “intend”, “may” and similar expressions have been used to identify such forward-looking information. Forward-looking
information is based on the opinions and estimates of management at the date the information is given, and on information
available to management at such time.
Forward-looking information involves significant risks, uncertainties, assumptions, and other factors that could cause actual results,
performance, or achievements to differ materially from the results discussed or implied in the forward-looking information. These
factors, including, but not limited to, fluctuations in currency markets, fluctuations in commodity prices, the ability of the Company
to access sufficient capital on favourable terms or at all, changes in national and local government legislation, taxation, controls,
regulations, political or economic developments in Australia or other countries in which the Company does business or may carry
on business in the future, operational or technical difficulties in connection with exploration or development activities, employee
relations, the speculative nature of mineral exploration and development, obtaining necessary licenses and permits, diminishing
quantities and grades of mineral reserves, contests over title to properties, especially title to undeveloped properties, the inherent
risks involved in the exploration and development of mineral properties, the uncertainties involved in interpreting drill results and
other geological data, environmental hazards, industrial accidents, unusual or unexpected formations, pressures, cave-ins and
flooding, limitations of insurance coverage and the possibility of project cost overruns or unanticipated costs and expenses, and
should be considered carefully. Many of these uncertainties and contingencies can affect the Company’s actual results and could
cause actual results to differ materially from those expressed or implied in any forward-looking statements made by, or on behalf
of, the Company. Prospective investors should not place undue reliance on any forward-looking information.
Although the forward-looking information contained in this news release is based upon what management believes, or believed
at the time, to be reasonable assumptions, the Company cannot assure prospective purchasers that actual results will be
consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated,
estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness
of any such forward-looking information. The Company does not undertake, and assumes no obligation, to update or revise any
such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except
as may be required by law.
No stock exchange, regulation services provider, securities commission or other regulatory authority has approved or disapproved
the information contained in this news release.
COMPETENT PERSON STATEMENT
The information in this report that relates to Exploration Targets, Exploration Results, Mineral Resources or Ore Reserves is based
on information compiled by Dr Matthew Painter, a Competent Person who is a Member of the Australian Institute of Geoscientists.
Dr Painter is the Managing Director and Chief Executive Officer of Kalgoorlie Gold Mining Limited (KalGold) and has sufficient
experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being
undertaken to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration
Results, Mineral Resources and Ore Reserves. Dr Painter consents to the inclusion in the report of the matters based on his
information in the form and context in which it appears. Dr Painter holds securities in Kalgoorlie Gold Mining Limited.
EXPLORATION RESULTS
The references in this announcement to Exploration Results were reported in accordance with Listing Rule 5.7 in the
announcements titled:
• Infill and extensional RC drilling intersects broad gold mineralisation at Kirgella Gift and Providence, 4 August 2026.
• Kirgella Gift diamond drilling intersects thick gold mineralisation, confirms primary gold extends at depth, 13 February
2026.
• New RC drilling extends primary gold at Lighthorse, 19 December 2025
• Sub-Audio Magnetics (SAM) geophysical data guides upcoming RC drill program at Pinjin. Diamond Drilling at Kirgella
Gift and Providence to commence soon, 26 August 2025
• Lighthorse Strike Extended to 1,450m. Extensive RC Program Beginning Shortly, 15 July 2025
Page 5
Aircore drilling completedatLTZFlexure, Pinjin Gold Project
RC
• SAM geophysical survey commencing around Lighthorse, and exploration update, 6 June 2025
• Farm-in at Pinjin Gold Project completed, 29 May 2025
• Quarterly activities report for the quarter ending 31 March 2025, 30 April 2024
• Lighthorse RC program confirms primary gold mineralisation at depth, follow up drilling imminent, 15 April 2025
• Aircore drilling to test Lighthorse strike extensions in April, 10 March 2025
• Multi-kilometre target areas along strike at KalGold’s Lighthorse discovery, 17 February 2025
• Lighthorse gold discovery follow-up RC drilling to commence first week of March, 13 February 2025
• ‘Lighthorse’ gold discovery at Pinjin: thick, high-grade gold intercepted at new greenfields find, 7 February 2025
• First-pass aircore drilling at Kirgella West: broad gold anomalism and mineralisation over 1,200m strike, 18 December
2024
• Quarterly activities report for the quarter ending 30 September 2024, 30 October 2024
• More thick, shallow gold intercepts at Pinjin extend Wessex target to 2 km strike length, 9 October 2024
• Thick gold intercepts from initial drilling at Wessex near Anglo Saxon gold mine, 23 May 2024
• Providence: North plunging shallow gold mineralisation has significant potential, 7 December 2023
• Shallow, high-grade results extend Kirgella Gift and Providence corridor to over 1,150m of strike, 25 October 2023
• Thick, shear-hosted gold mineralisation intercepted at Kirgella Gift, 8 June 2023
• KalGold farms-in to Kirgella gold tenements and acquires Rebecca West tenure at Pinjin, 23 May 2023
The Company confirms that it is not aware of any new information or data that materially affects the information included in the
previous market announcements noted above.
MINERAL RESOURCE ESTIMATES
The references in this announcement to Mineral Resource estimates were reported in accordance with Listing Rule 5.8 in the
following announcements:
• La Mascotte gold deposit: First JORC (2012) Mineral Resource of 138,000 oz Au, 7 March 2023.
• First Kirgella Gift Inferred Resource of 76,400 oz from 3m, 5 July 2024.
In accordance with ASX Listing Rule 5.23, the Company confirms that it is not aware of any new information or data that materially
affects the information included in the previous market announcement noted above and that all material assumptions and technical
parameters underpinning the Mineral Resource estimates in the previous market announcements continue to apply.
Share your feedback
Discover