Kalgoorlie Gold Mining Limited announced its latest assay results from recent RC drill programs at KalGold's lead Bulong Taurus project, 35km to the east of Kalgoorlie-Boulder. These results confirm further extensions of gold mineralisation at and around La Mascotte, and are uncovering new prospects with significant first- pass drill results throughout the project area. New results continue to extend the gold footprint at La Mascotte: Latest results highlight confirmed gold mineralisation at and around La Mascotte, increasing the strike length to at least 700m with a distinct north-northwest trend.

The original, pre-JORC 1990s resource estimate covered an area of approximately 250m strike length by 300m breadth. Latest assay results on the northern side of La Mascotte include: BLRC220036: 4m at 1.38 g/t Au from 32m; 4m at 5.47 g/t Au from 100m, BLRC220041: 4m at 1.98 g/t Au from 28m, 4m at 0.57 g/t Au from 36m. Gold mineralisation also continues to the south of La Mascotte with results on the southern side showing broad zones containing higher grade intercepts.

BLRC220050: 3m at 0.61 g/t Au from 50m, 2m at 0.78 g/t Au from 57m, 1m at 2.96 g/t Au from 85m, 2m at 1.85 g/t Au from 91m including 1m at 2.98 g/t Au from 92m, BLRC220051: 2m at 3.14 g/t Au from 33m including 1m at 5.56 g/t Au from 33m. The results complete an important phase in the development of La Mascotte by defining its north-south footprint. Ongoing prospecting activities are also unearthing extensive subsurface mineralisation, which KalGold is in the process of documenting.

We will update the market when this has been completed. Cluster of new prospects identified by RC drill programs: First-pass drill testing of new target areas has intercepted significant gold mineralisation at a cluster of locations within 1.6km of La Mascotte. All results are shallow, are open in all directions, and are typically associated with broad, strong gold anomalism.

KalGold's RC drilling results from the new prospects include: Knockhill BLRC220047: 12m at 2.09 g/t Au from 4m including 8m at 2.67g/t Au from 4m, 4m at 0.89 g/t Au from 40m, BLRC220046: 2m at 0.72 g/t Au from 16m, 1m at 1.09 g/t Au from 22m, Thruxton, BRLC220074: 12m at 2.12 g/t Au from 32m including 4m at 5.79 g/t Au from 32m and 4m at 0.53 g/t Au from 40m and 4m at 0.71 g/t Au from 84m, BLRC220071: 1m at 1.71g/t Au from 2m, Bonneville BLRC220062: 4m at 0.62 g/t Au from 28m, 4m at 1.12 g/t Au from 60m, Royal Star BLRC220058: 8m at 1.23 g/t Au from 20m.