Latest Ashburton Gold Project News

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 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 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.

Kalamazoo Resources has strategically expanded its Ashburton Gold Project in Western Australia by acquiring the contiguous Xanadu Gold Project and securing a new exploration licence, significantly increasing its exploration footprint amid a strong gold price environment.

Northern Star Resources has declined to exercise its option to acquire Kalamazoo’s Ashburton Gold Project, leaving Kalamazoo to advance development plans amid record Australian gold prices. The company has initiated a Scoping Study and secured $2 million in fresh capital to support its next phase.

Kalamazoo Resources retains 100% ownership of its 1.44 million ounce Ashburton Gold Project and fast-tracks a scoping study amid soaring Australian gold prices. The company aims to unlock significant value from the Mt Olympus Deposit with a targeted study completion in Q4 2025.