KAL: RC drilling underway at Lighthorse

Original announcement by asx on

Company
Kalgoorlie Gold Mining Limited
Ticker
KAL
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
None reported
Document categories
Other, Drill results
Extracted
2026-10-13 22:40:38 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Kalgoorlie Gold Mining has fast-tracked two drilling programs at the Pinjin Gold Project. RC drilling has commenced at the Lighthorse prospect to test depth continuity, while aircore drilling is scheduled to begin at the Rebecca Sequence target area.

Reasoning: The announcement details the commencement of new drilling programs (RC and aircore) to test known high-grade mineralisation and new targets, rather than reporting new assay results.

Positive factors

  • fast-tracking two drill programs
  • RC drilling commenced at Lighthorse
  • upcoming aircore drilling at Rebecca Sequence

Facts used in scoring: 1

Classification and evidence

Infill Drillingneutral · Story-specific tag

Confirmatory drilling to raise resource confidence, not new discovery.

Why it applies: The RC program at Lighthorse aims to test directly beneath recent high-grade mineralisation for continuity.

Evidence · text

“Testing directly beneath recent high-grade mineralisation for continuity along strike and to depth”

Extracted facts

Stored fact records: 1. Some facts used in scoring do not have a stored record.

Drill Results (1)

KGRC26036Pinjin · goldGrade: 19.7Grade Unit: g/tIntercept: 1 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
KGRC26036
Project
Pinjin
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
KAL

Geometry

Grade
19.7
Grade Unit
g/t
Intercept
1 m
From
145 m
To
146 m
Intercept Depth
145 m

Classification

Sample Type
drill
Group ID
KGRC26036:145-146

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-02T00:00:00.000Z

Dates

Event date
2026-10-13T00:00:00.000Z

Reasoning: Historical high-grade intercept mentioned as context for the new program.

Positive factors

  • high-grade intercept

Evidence · text

“peaked at 19.70 g/t Au (KGRC26036, 145-146m) in fresh rock”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

Nearology Playneutral

Value premise rests on proximity to a known deposit rather than own results.

Why it applies: proximity is offered as the value premise: "Current focus includes: • The Pinjin Project within the 30 Moz Laverton Tectonic Zone (host to Sunrise Dam, Granny Smith"

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.