Latest Ashburton Gold Project News

Kalamazoo Resources has delivered standout high-grade gold intersections at its Mt Olympus deposit, underpinning an updated resource estimate and advancing its Ashburton Gold Project development plans.

Kalamazoo Resources has raised $8 million through an oversubscribed share placement, surpassing its initial $5 million target. The capital will accelerate drilling and feasibility studies at its Ashburton Gold Project and support a strategic tenement acquisition.

Kalamazoo Resources has wrapped up its Mt Olympus Resource Definition Drilling Program, delivering strong high-grade gold intercepts and narrowing drill spacing to support resource upgrades at the Ashburton Gold Project.

Kalamazoo Resources has completed a substantial drilling program at its Mt Olympus deposit, delivering high-grade gold intersections that bolster confidence ahead of an updated Mineral Resource Estimate and ongoing Pre-Feasibility Study.

Kalamazoo Resources reports robust high-grade drilling results from its Mt Olympus Resource Definition Program, reinforcing resource continuity and growth potential at the Ashburton Gold Project.

Kalamazoo Resources has unveiled a substantial underground Exploration Target at its Peake Deposit, potentially adding up to 380,000 ounces of gold and extending the Ashburton Gold Project’s mine life beyond current plans.

Kalamazoo Resources reported a robust cash balance of AUD 8.8 million at quarter end, underpinned by a significant equity raise that offsets ongoing exploration and administrative outflows. The company’s funding runway extends beyond three quarters, positioning it to advance its Ashburton Gold Project drilling activities.

Kalamazoo Resources reports strong initial assay results from its Phase 1 drilling at Ashburton, confirming significant gold mineralisation beyond the existing 1.44Moz resource. The findings validate geological models and set the stage for further resource growth.

Aruma Resources has revealed promising soil sampling results from its Saltwater Project in Western Australia, highlighting a significant polymetallic and gold-bearing system with new priority targets. These findings set the stage for advanced exploration activities in 2026.

Kalamazoo Resources has appointed mining veteran Andrew McDougall as CEO to lead its flagship Ashburton Gold Project through critical feasibility stages and drive broader portfolio growth.

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.