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6 stories mentioning ASX:KAUUpdated 3d ago

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Asia

Kaiser Reef Says Soil Sampling at Queensland Gold Project Confirms Neighboring Gold-Arsenic Anomalism Along Multiple Structures

Kaiser Reef (ASX:KAU) said infill soil sampling confirmed strong, neighboring gold-arsenic anomalism along multiple structures over the full 4.4 kilometers of strike at the Maldon gold project in Queensland, according to a Tuesday Australian bourse filing.Infill sampling covers an area of 2.7 kilometers-squared of prospective ground to the north of Maldon. The survey resulted in a peak soil result of 2.7 grams-per-tonne grade of gold and four further samples at around 1 gram-per-tonne grade of gold. The anomalism extends up to 1.5 kilometers and four distinct anomalous north-south trends were delineated.The company's shares jumped nearly 3% in recent trading on Tuesday.

ASX:KAU
Asia

Kaiser Reef Reports Mixed Gold Production Results in June Quarter; Shares Fall 5%

Kaiser Reef (ASX:KAU) said its Henty gold mine in Tasmania produced 5,563 ounces of gold and 5,366 ounces of silver in the quarter ending June 30, while its Maldon gold project in Victoria produced 437 ounces of gold over the same period, according to a Monday Australian bourse filing.The company produced 4,069 ounces of gold from the Henty gold mine and over 756 gold ounces from the Maldon project in the prior corresponding period, an earlier filing showed.The company reported a closing cash balance of AU$37.2 million for the quarter and reduced its gold loan by 312 ounces, resulting in a net reduction of around AU$1.9 million.The company reaffirms its fiscal year 2027 production guidance, targeting 32,000 ounces of gold production across both projects.The company's shares fell 5% in recent Monday trade.

ASX:KAU
Asia

Kaiser Reef Starts Surface Diamond Drilling at Victoria Gold Project

Kaiser Reef (ASX:KAU) said a surface diamond drilling campaign at its Maldon Gold Project in Victoria is underway, with drilling at the Quill gold target commenced, according to a Wednesday Australian bourse filing.The company said the initial phase comprises about 4,350 meters across four targets, with drilling expected to be extended and to continue throughout the remainder of the year, progressing to other targets, including Union Hill North and Nuggetty South.The company's shares fell 2% in recent Wednesday trade.

ASX:KAU
Asia

Kaiser Reef Doubles Throughput at Victoria Processing Plant With Shift Addition

Kaiser Reef's (ASX:KAU) Porcupine Flat processing plant at the Maldon gold project in Victoria moved to two shifts, the day and the night shift from Monday to Thursday, doubling plant throughput, according to a Friday Australian bourse filing."The change to two shifts at Maldon will significantly reduce our processing cost per tonne," Kaiser's Managing Director, Brad Valiukas, said.Its shares fell 2% in recent trading on Friday.

ASX:KAU
Asia

Kaiser Reef Appoints Tony Muir as CFO

Kaiser Reef (ASX:KAU) appointed Tony Muir as chief financial officer, effective July 20, according to a Friday filing with the Australian bourse.Muir, who succeeds Andy Tran, has more than 20 years of experience in the mining sector, including five years at Gold Road Resources, per the filing.

ASX:KAU
Asia

Kaiser Reef Says Underground Refurbishment, Rehabilitation at Victoria Mine to Start in May

Kaiser Reef (ASX:KAU) said underground refurbishment and rehabilitation at the Union Hill mine, within the Maldon project in Victoria, will begin in May, according to a Wednesday filing with the Australian bourse.Initial underground refurbishment works include establishing a northern access drilling platform to target untested sections of the Eaglehawk and Ladies Reefs, the filing said.Drilling is expected to start next quarter, per the filing.Shares fell nearly 2% in morning trade Wednesday.

ASX:KAU

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