Kalamazoo Resources (ASX:KZR) said that it expects to start an around 2,600-meter diamond drilling program at its Ashburton gold project in Western Australia this week, according to a Tuesday Australian bourse filing.
The program is targeting the down-plunge extensions of mineralization beneath the 2025 Mt Olympus scoping study pit shell design, the filing said. Three drill holes are planned to test the margins of the down-plunge extent of the indicated resource, while the remaining three holes will infill gaps within the inferred resource.
The company's shares rose past 2% in recent trading on Tuesday.