Sunday, 19 February 2012

Kalgoorlie Mining Company in pre open to announce Bullant Gold operational changes

Kalgoorlie Mining Company (ASX: KMC) has entered into a voluntary trading halt pending the announcement of operational changes to the Bullant Gold Project.

The company is rapidly progressing the Bullant project, which has a Resource of 437,800 tonnes at 4.72 grams per tonne gold for 66,500 ounces of gold at the East Lode, following two upgrades in the December quarter.

Kalgoorlie Mining has not given any indication of the types of operational changes it has planned.

The company will remain in halt until the earlier of an announcement being made or the commencement of trading on Wednesday February 22.

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