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KalGold Validates Lighthorse Gold Discovery, Boosts Cash to $6.4M
5:11am on Monday 2nd of June, 2025 AEST
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Mining
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KalGold Validates Lighthorse Gold Discovery, Boosts Cash to $6.4M
5:11am on Monday 2nd of June, 2025 AEST
Key Points
Lighthorse gold discovery confirmed with primary shear- and vein-hosted mineralisation
Total JORC Inferred Mineral Resource steady at 214,300 ounces of gold
Completed farm-in commitments at Pinjin, moving to secure 75% interest
Raised $5.4 million through placement and option conversions, cash at $6.4 million
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