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Kaiser Reef boosted cash to A$43.1M on strong gold output, reserve growth, and processing upgrades at Henty and Maldon mines.
Kaiser Reef reported a strong quarter, increasing cash to A$43.1 million, driven by robust gold production at its Henty mine in Tasmania and ongoing output at Maldon in Victoria.
Henty produced 6,946 ounces of gold from 65,765 tonnes of ore at 3.6 g/t gold with 90.5% recovery, while its reserves grew 29% to 1.89 million tonnes, extending mine life beyond six years and supporting a 2026 target of over 30,000 ounces annually.
The company successfully tested processing at 400,000 tonnes per year—33% above nameplate—while advancing infrastructure.
At Maldon, drilling confirmed gold mineralization across a 160-meter strike, including high-grade intercepts, and waste dump exploration revealed significant potential.
The A1 mine remains on care and maintenance, with equipment redirected to support Maldon.
Kaiser Reef aumentó el efectivo a A $ 43.1 millones gracias a la fuerte producción de oro, el crecimiento de las reservas y las actualizaciones de procesamiento en las minas Henty y Maldon.