Kalgoorlie Gold Mining (ASX:KAL) has been granted a new exploration licence (P 31/2168) at Pinjin from the WA Department of Mines, Industry Regulation and Safety (DMIRS).
The tenement provides continuity of tenure at the company’s Pinjin project, around 140km east of the City of Kalgoorlie-Boulder.
The granting of P 31/2168 is important for KalGold. Though small, this tenement provides continuity of tenure at Pinjin South in the Laverton Tectonic Zone,” Managing Director Matt Painter said.
“Gold targets at Wessex, Wessex South and Harbour Lights Extension can now be fully explored without working around gaps in tenure or dealing with third parties. At each of these, we aim to repeat and extend shallow, high-grade gold hits from just off- tenure onto our ground.
“KalGold is the sole applicant on two other applications at Pinjin. We look forward to their grant soon as we continue to systematically explore the full potential of the Pinjin Project.”
P31/2168 opens the Pinjin South area for exploration of the Company’s gold targets. These targets look to extend shallow, high-grade intercepts from just off tenure onto KalGold’s ground.
At Wessex South, in particular, the full extent of the target area can now be explored. Additionally, KalGold continues to define a series of new gold targets to test throughout its tenement package.
Following recent drilling success at Kirgella Gift and Providence, the company plans to commence drilling again before e year end to expand shallow, high-grade gold intercepts at Providence.
The upcoming programme aims to define both the strike and attitude of gold mineralisation at Providence and will begin to test its lateral extent south of Kirgella Gift.