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Riversgold Secures 80% Stake in Kalgoorlie Gold Project, Eyes Drilling Upswing

7:06am on Monday 2nd of June, 2025 AEST Mining
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Riversgold Secures 80% Stake in Kalgoorlie Gold Project, Eyes Drilling Upswing

7:06am on Monday 2nd of June, 2025 AEST
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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