Kalamazoo Resources Ltd. ( (AU:KZR) ) has issued an update.
Kalamazoo Resources Ltd. has renewed its focus on gold and antimony exploration in Central Victoria, driven by increased market interest and high commodity prices. The company plans to concentrate its efforts on high-grade gold-antimony mineralization across its projects, including Mt Piper and South Muckleford, and initiate a reconnaissance diamond drill program at Tarnagulla. The recent merger of Alkane Resources and Mandalay Resources, along with developments at Southern Cross Gold’s Sunday Creek, underscores Central Victoria’s significance as a premier gold-antimony province, positioning Kalamazoo to leverage its extensive exploration holdings in the region.
More about Kalamazoo Resources Ltd.
Kalamazoo Resources Ltd. is a company focused on the exploration and development of gold and antimony projects. The company operates primarily in Central Victoria, a region known for its high-grade gold-antimony geological province. Kalamazoo is involved in several projects, including Mt Piper, South Muckleford, Tarnagulla, and Castlemaine, aiming to capitalize on the rising interest and record high prices for gold and antimony.
Average Trading Volume: 233,095
Technical Sentiment Signal: Sell
Current Market Cap: A$17.8M
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