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New resource estimate planned for later this year with promising results from Chang Puek prospect
Kingsgate Consolidated Limited (ASX: KCN) has announced the completion of planned drilling to inform an inaugural resource estimate for the Chatree South-East Complex, targeted for later this year. The South-East Complex is located approximately 3km from the Chatree Gold Mine in Thailand.
Recent drilling at the South-East Complex, including both reverse circulation (RC) and diamond drilling (DD), has returned several notable intercepts:
- 16m @ 2.61 g/t Au from 12-28m (8273RC), including a standout 3m @ 9.23 g/t Au from 22-25m
- 16m @ 0.92 g/t Au from 26-42m (8281DD)
- 22m @ 1.29 g/t Au from 28-50m (8301RC)
In addition, Kingsgate reported further positive results from the Chang Puek prospect, located within the broader Chatree area. Key highlights from Chang Puek include:
- 32m @ 2.94 g/t Au from 14-46m (8247RC)
- 15m @ 0.91 g/t Au from 5-20m (8284RC)
- 10m @ 2.36 g/t Au from 75-85m (8289RC)
Kingsgate’s Managing Director & CEO, Jamie Gibson, said
We’ve long suspected that the South-East Complex had a lot of potential, and since mid-2024 we’ve been able to systematically investigate the extent of this mineralisation and confirmed it’s an extension of the original Chatree system. The exploration team have had a busy 18 months proving up this area and we are now working hard to generate an inaugural resource estimate. Whilst we consider South-East Complex

