PRECIOUS METALS

Kalgold heralds promising drill results in 'transformational' purchase

KALGOORLIE Gold Mining managing director Matt Painter has described a recent deal to acquire two new projects in Western Australia as “truly transformational” and one of the most significant events in the company’s short history.

 Kalgold's drilling at Pinjin

Kalgold's drilling at Pinjin

It has flagged an intent to acquire 75% in the Kirgella-Pinjin South leases and paid out cash for the Rebecca West leases, adding just 48sq.km - not a huge tenement package in the Eastern Goldfields but...

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