Latest Kalamazoo Resources (ASX:KZR) News

A single drill program in WA delivered a once-a-year spike, while several small caps fell hard after reopening with price gaps. This week also saw big money raised for gold and uranium builds, and a run of resource upgrades across critical minerals.

Kalamazoo Resources has successfully closed an oversubscribed Share Purchase Plan, raising $4.1 million to fast-track drilling and development at its Ashburton Gold Project. Combined with a recent placement, the company secures $12.1 million to advance exploration and pre-feasibility studies.

Kalamazoo Resources has reported a significant upgrade to its Mt Olympus underground gold resource alongside a robust scoping study and the commencement of a pre-feasibility study, supported by an $8 million capital raise.

Kalamazoo Resources reported a $340,000 cash outflow for the December quarter, with cash reserves dwindling to $284,000. The company has since raised $8 million through a January placement and is pursuing further funds via a share purchase plan.

Kalamazoo Resources has launched the Pre-Feasibility Study for its Mt Olympus gold project amid a fresh drilling campaign, while CEO Luke Mortimer announces his departure to take a senior overseas role.

Kalamazoo Resources has initiated a $2 million underwritten Share Purchase Plan, offering eligible shareholders shares at a 16.4% discount to recent prices. The offer aims to fund exploration and development activities across its Victorian and Western Australian projects.

Kalamazoo Resources has appointed Adam Garczynski to lead the Mt Olympus Pre-Feasibility Study and completed the first diamond drill hole at its Ashburton Gold Project, marking key progress in its 2026 development plans.

Kalamazoo Resources has raised $8 million through a placement and launched a $2 million share purchase plan, aiming to fuel exploration and development across its gold projects.

Kalamazoo Resources has released a compelling Scoping Study for its Mt Olympus Deposit within the Ashburton Gold Project, outlining a technically robust, high-margin gold operation with strong financial metrics and significant upside potential.

Kalamazoo Resources Limited reported a cash position of A$1.375 million at the end of September 2025, highlighting ongoing negative cash flows but confidence in securing future funding to sustain operations.

Kalamazoo Resources retains full ownership of its Ashburton Gold Project after Northern Star declines its acquisition option, accelerating a Scoping Study supported by record gold prices. The company also expands its footprint with the strategic Xanadu acquisition and secures $2 million in fresh capital.

Kalamazoo Resources has significantly increased the Mt Olympus underground gold resource and identified a substantial exploration target, setting the stage for a potential mine life extension at the Ashburton Gold Project.