Update on Kirgella Gift and Providence prospects within the Pinjin project

Kalgoorlie Gold Mining (ASX: $KAL) has completed a comprehensive appraisal of gold mineralisation at Kirgella Gift and Providence, defining thick, shallow gold lodes. The company is actively progressing towards an initial JORC Code (2012) Mineral Resource Estimate at Kirgella Gift and planning further drilling at Pinjin in the second quarter of CY2024 to test new targets.

Executive Commentary

As gold prices surge, Kalgoorlie Gold Mining is strategically positioned to access its gold resources and maximize benefits for shareholders. The company's reassessment of the Kirgella Gift and Providence gold prospects has revealed strong similarities to the gold deposits of the Rebecca Project, indicating the potential for inexpensive free digging into highly prized oxide gold mineralisation. We are focused on defining a shallow, first-pass JORC Code (2012) Mineral Resource Estimate at Kirgella Gift to advance assessment for open pit gold mining.

Summary

Kalgoorlie Gold Mining has defined thick, shallow gold lodes at Kirgella Gift and Providence, with similarities to the gold deposits of the Rebecca Project. The company is actively progressing towards an initial JORC Code (2012) Mineral Resource Estimate at Kirgella Gift and planning further drilling at Pinjin in the second quarter of CY2024 to test new targets. The defined features at Kirgella Gift and Providence support the construction of a first JORC Code (2012) Mineral Resource Estimate at Pinjin, aligning with the company's strategy of defining shallow, low-cost resources in the Eastern Goldfields. The company looks forward to updating shareholders on the results of the comprehensive targeting program over the area, providing an overarching exploration plan to realize the gold potential of the Pinjin Gold Project.