Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
King Charles III visits Canada as show of...
Pro-Ukraine Republican agrees with Trump on ‘CRAZY’ Putin,...
Biden’s presidential health reports showed no sign of...
Romanian populist who ran for president before election...
FBI reopening investigation into cocaine found at Biden...
Exploration Target at Golden Crown to Focus on...
Concentrate Offtake Agreements Signed for Nueva Sabana Copper-Gold...
Crypto Market Review: Trump Media Planning US$3 Billion...
FPX Nickel and JOGMEC Initiate Exploration at the...
Cardiol Therapeutics to Webcast Virtual Annual General Meeting...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Investing

Kaiser’s Record-Breaking First Weekly Gold Pour

by admin May 26, 2025
May 26, 2025
Kaiser’s Record-Breaking First Weekly Gold Pour

Kaiser Reef Limited (“Kaiser”, or “the Company”) (ASX:KAU) is pleased to announce that the first 10 days of ownership of the Henty Gold Mine has progressed to plan and the operation continues to bed in under Kaiser ownership.

Highlights

  • First 10 days of Henty ownership
  • Record Kaiser gold pour >1,200 ounces from Henty
  • Kaiser transformed into a ≈ 30kozpa gold producer1,3

The first gold pour under Kaiser’s ownership has likely exceeded 1,200oz of gold, and is currently in transit to the Perth Mint for refining and outturn.

The acquisition of the Henty Gold Mine has positioned Kaiser as a multi-asset gold producer with significant growth potential.

Brad Valiukas, Kaiser’s executive Director – Operations commented:

“It’s been an excellent start for Kaiser at Henty, the team is transitioning well, and operational performance has been excellent. We are well positioned to build on the success that Catalyst has had at Henty, as it becomes our flagship asset. Kaiser is now a significantly stronger Company with the incorporation of Henty, and we look forward to advancing our assets and the Company.”

Key highlights of the Henty Gold Mine include:

  • Established production platform: Henty Gold Mine is a proven gold production operation, with historical production of 1.4Moz -8.9g/t2. Since its acquisition by Catalyst in 2021, significant operational improvements have been made, including investments in drill platforms, drilling, tailings, underground fleet and people.
  • 5-year mine plan: Work to date has culminated in establishing a robust 5-year mine plan underpinned by a current Ore Reserves of 1.2Mt @ 4.0g/t for 154koz3. There is significant scope to extend mine life based on the current Mineral Resource of 4.1Mt @ 3.4g/t Au for 449koz3 along with the opportunities for near-mine exploration and development success.
  • Significant infrastructure: The Henty mine benefits from significant infrastructure including a 300ktpa CIL processing plant, surface & underground workshops, administration complex, access to hydro generated grid power and refreshed tailings storage capacity.
  • Implement and build on operational capacity: The Kaiser executive team brings extensive experience in optimising similar assets through a combination of operational improvement and targeted exploration investment. Supported by Catalyst as a 19.99% strategic shareholder, and skilled operating team and local workforce of over 150 employees, Kaiser is well-positioned to drive further value.
  • Flagship asset: As Kaiser’s flagship asset, Henty will receive dedicated focus to continue the significant work completed by Catalyst and further drive operational improvements.

For further information in respect to the acquisition, please refer to the Company’s ASX Announcement dated 24 March 2025.

Click here for the full ASX Release

This post appeared first on investingnews.com

previous post
Finlay Minerals Announces Non-Brokered Private Placement of Flow-Through Shares and Non-Flow-Through Units
next post
A$3.5M Institutional Placement and New Chairman Appointed

You may also like

Sigma Lithium to Double Grota do Cirilo Output...

September 3, 2024

PH Govt confirms MMCI’s Financial Capability, MPSA Now...

April 8, 2025

Red Metal Resources Commences Sampling and Mapping Program...

March 13, 2025

Fury Gold Mines Advances Québec Precious Metals Acquisition

March 28, 2025

Could the Silver Price Really Hit $100 per...

July 22, 2024

Top 5 Canadian Mining Stocks This Week: Wealth...

January 26, 2025

Crypto Market Recap: New Hampshire Launches First State...

May 8, 2025

Blue Sky Uranium Closes Fully-Subscribed Non-Brokered Private Placement

September 5, 2024

Q1 2025 Interim Financial Statements

May 14, 2025

Black Mountain Drilling Results: First Significant Lithium Intersections...

October 10, 2024

Recent Posts

  • King Charles III visits Canada as show of support for country coveted by Trump
  • Pro-Ukraine Republican agrees with Trump on ‘CRAZY’ Putin, urges ‘Secondary sanctions & arms support NOW’
  • Biden’s presidential health reports showed no sign of recently revealed aggressive cancer
  • Romanian populist who ran for president before election was annulled steps away from politics
  • FBI reopening investigation into cocaine found at Biden White House

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (743)
    • Investing (2,181)
    • Politics (2,699)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.