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Riversgold Secures 80% Stake in Kalgoorlie Gold Project, Eyes Drilling Upswing
9:06am on Tuesday 18th of February, 2025 AEDT
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Mining
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Riversgold Secures 80% Stake in Kalgoorlie Gold Project, Eyes Drilling Upswing
9:06am on Tuesday 18th of February, 2025 AEDT
Key Points
Riversgold exceeds $600,000 exploration spend to secure 80% ownership
Confirmed blind porphyry gold system with mineralisation up to 600m wide
Gold mineralisation extends beyond 400m depth with promising grades from 30m
Initial gold recovery rates average 92.9% from bottle roll tests
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