Kalgoorlie Gold Mining reports positive results from follow-up aircore drill program at Wessex

Kalgoorlie Gold Mining (ASX:KAL) has reported positive results from its follow-up aircore drill program at Wessex, part of the Pinjin project, approximately 140 km northeast of Kalgoorlie-Boulder. The program extended thick gold mineralisation and anomalism at Wessex to 2 km strike, with new shallow intercepts including PSAC24072: 4m at 2.06 g/t Au from 52m and PSAC24067: 16m at 0.77 g/t Au from 28m. Following the encouraging aircore drilling, KalGold is planning its first RC drill program at Wessex to test beneath near-surface gold mineralisation.

Executive Commentary on Wessex Drill Program

Once again, aircore drilling at KalGold's Wessex prospect has delivered highly encouraging results. The widely spaced drilling has delineated coherent gold mineralisation and anomalism over more than 2 km strike, with indications of a shallow easterly dip towards the adjacent high-grade Anglo Saxon gold mine. We are extremely pleased with the aircore drilling results and are preparing to launch our first RC drill program at Wessex. This significant step will be pivotal in confirming gold mineralisation geometry and testing its potential depth. In the meantime, we will commence a third round of aircore drilling to test additional targets throughout the Pinjin Project area. Also, the recent completion of a high-resolution aeromagnetic survey around Jungle Dam in the northern project area provides KalGold with fresh data to accelerate gold exploration. We anticipate that our accelerated work programs throughout the Pinjin Project will generate further news flow as we advance our discovery efforts throughout the region.

Summary of Wessex Drill Program and Future Plans

The follow-up aircore drill program at Wessex has extended thick gold mineralisation and anomalism to 2 km strike, with plans for the first RC drill program to test beneath near-surface gold mineralisation. KalGold believes Wessex is part of the greater Anglo Saxon high-grade gold mineralised system, with plans for additional infill and extensional RC drilling to further define the size and extent of the gold mineralised system. The company aims to commence a third round of aircore drilling to test additional targets throughout the Pinjin Project area and expects further news flow as they advance their discovery efforts. The Wessex mineralised footprint remains open, and detailed follow-up work, including RC drilling, is warranted to uncover fresh gold mineralisation at depth.