Latest Kalgoorlie Gold Mining (ASX:KAL) News

Kalgoorlie Gold Mining has identified multiple coherent gold-in-regolith anomalies across the first 225-hole aircore test of its LTZ Flexure target at Pinjin. The strongest exploration signal stretches up to 2km, but primary gold mineralisation at depth remains unconfirmed.

Kalgoorlie Gold Mining has finished FY2026 with a larger exploration footprint at Pinjin, deeper mineralisation at Kirgella Gift and Providence, and high-grade results at Lighthorse. The company has also raised $3.4 million after year end, although its exploration-stage balance sheet remains dependent on continued access to capital.

Kalgoorlie Gold Mining has opened a fully underwritten 1-for-10 entitlement offer priced at 2 cents a share, targeting about A$1.1 million for exploration and working capital. The offer completes a broader A$3.4 million capital raising, but also increases the company’s share count by up to 10%.

Small-cap resources led the week, while takeover offers and defence contracts added support across the market.
Investors still had to weigh approvals, cash needs and project delivery against strong headline results.

Avenira led the week after securing an offtake deal covering more than 80% of expected Wonarah phosphate output. Copper, gold and rare earths explorers also gained, while several companies raised cash to fund drilling or mine construction.

Kalgoorlie Gold Mining has secured A$2.3 million through a placement and launched a fully underwritten A$1.1 million entitlement offer to fund exploration at its Pinjin Gold Project. The capital will target new drilling at the Lighthorse discovery, where earlier assays included high-grade gold within broader mineralised intervals.

Kalgoorlie Gold Mining’s recent RC drilling at Lighthorse has delivered its highest-grade intercept yet, alongside broad mineralised zones that hint at a significant concealed gold system in the Pinjin Project.

Kalgoorlie Gold Mining has inked an updated Heritage Protection Agreement with the Kakarra Aboriginal Corporation, covering all tenements and gold rights in Kakarra country. The move aims to safeguard indigenous heritage while accelerating exploration at the Pinjin and Bulong Taurus projects.

Small-cap resources stocks led the week, while takeover activity and strong company results added to the gains. Wellnex Life more than doubled, but sharp falls in Trek Metals and Ionic Rare Earths showed that positive news did not always bring buyers.

Materials shares delivered another strong week, led by a 60.61% rise at iTech Minerals and major gains across gold, copper and critical minerals.
Investors rewarded fresh drilling results, larger mineral resources, project approvals and new supply agreements, although several heavily sold stocks showed that early buying did not always last.

Kalgoorlie Gold Mining’s recent reverse circulation drilling at Kirgella Gift and Providence reveals broad, thick gold zones extending beyond the current resource estimate, reinforcing the Pinjin Project’s potential for growth.

Kalgoorlie Gold Mining (ASX: KAL) completed a major RC drilling campaign at its Pinjin Gold Project with assays pending, launched a large aircore program at a new LTZ Flexure target, and acquired the Central Yandal Gold Project, expanding its footprint in Western Australia’s prolific gold belts.