Kaiser Reef Advances Maldon Gold Project with Stockpile Estimate and Exploration Efforts.
Kaiser Reef Limited (ASX: KAU) has made significant advancements in its Maldon Gold Project, particularly with the recent drilling program targeting the Union Hill waste dumps. The company has estimated a stockpile of 566kt at 0.48g/t Au, totaling 8,649 ounces of gold. This stockpile material, processed at the Porcupine Flat Processing Plant, will continue supporting the plant's operation until 2030 at a rate of 10,000t per month. In January, 3,234t were processed, yielding 152.3 ounces of gold at a 90.7% recovery rate. Kaiser is also enhancing exploration efforts, with the recruitment of experienced management, re-establishing services at Union Hill, and progressing permitting for Nuggetty surface stockpiles. These initiatives align with the company’s strategic plan, focused on sustainable operations while exploring for further opportunities in the district. The Maldon Gold Project, with a history of 1.75 million ounces of gold production, remains a key area for future growth.
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
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Kaiser Reef Advances Maldon Gold Project with Stockpile Estimate and Exploration Efforts.
Kaiser Reef Limited (ASX: KAU) has made significant advancements in its Maldon Gold Project, particularly with the recent drilling program targeting the Union Hill waste dumps. The company has estimated a stockpile of 566kt at 0.48g/t Au, totaling 8,649 ounces of gold. This stockpile material, processed at the Porcupine Flat Processing Plant, will continue supporting the plant's operation until 2030 at a rate of 10,000t per month. In January, 3,234t were processed, yielding 152.3 ounces of gold at a 90.7% recovery rate. Kaiser is also enhancing exploration efforts, with the recruitment of experienced management, re-establishing services at Union Hill, and progressing permitting for Nuggetty surface stockpiles. These initiatives align with the company’s strategic plan, focused on sustainable operations while exploring for further opportunities in the district. The Maldon Gold Project, with a history of 1.75 million ounces of gold production, remains a key area for future growth.
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