Riversgold Limited (ASX: RGL) has announced encouraging drilling outcomes from its Northern Zone Gold Project located near Kalgoorlie, demonstrating continued growth in shallow gold mineralisation. The recent drilling program, covering 31 holes, identified multiple high-grade intersections, with peak values reaching 71 g/t gold. Key intervals such as 15 metres at 5.62 g/t and 8 metres at 9.90 g/t highlight both grade strength and consistency. The results have expanded the known mineralised zones, particularly linking central and eastern sections, supporting the company’s geological interpretation of a large gold system. The deposit is hosted within a porphyry structure, with mineralisation still open in multiple directions, indicating further upside potential. Progress toward securing a mining lease is advancing, and heritage clearances have been completed. A strategic agreement with MEGA Resources ensures funding support for development, with profits to be shared equally. These developments improve confidence in future project scalability and potential production.
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
x
Daily Dose of Buy, Sell & Hold recommendations before the market opens.
Start Your 7 Days Free Trial Now!
We use cookies to help us improve, promote, and protect our services.
By continuing to use this site, we assume you consent to this.
Read our
Privacy Policy
and
Terms & Conditions
High-Grade Gold Results Strengthen Riversgold’s Kalgoorlie Asset
Riversgold Limited (ASX: RGL) has announced encouraging drilling outcomes from its Northern Zone Gold Project located near Kalgoorlie, demonstrating continued growth in shallow gold mineralisation. The recent drilling program, covering 31 holes, identified multiple high-grade intersections, with peak values reaching 71 g/t gold. Key intervals such as 15 metres at 5.62 g/t and 8 metres at 9.90 g/t highlight both grade strength and consistency. The results have expanded the known mineralised zones, particularly linking central and eastern sections, supporting the company’s geological interpretation of a large gold system. The deposit is hosted within a porphyry structure, with mineralisation still open in multiple directions, indicating further upside potential. Progress toward securing a mining lease is advancing, and heritage clearances have been completed. A strategic agreement with MEGA Resources ensures funding support for development, with profits to be shared equally. These developments improve confidence in future project scalability and potential production.
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