Latest news with #MattPainter
Yahoo
29-05-2025
- Business
- Yahoo
Kalgoorlie Gold Mining completes initial farm-in at Pinjin Gold Project
Kalgoorlie Gold Mining has reached a significant milestone with the completion of its initial farm-in at the Pinjin Gold Project. The company has now secured a 75% interest in the project's key tenures including the areas hosting the Kirgella Gift and Lighthorse discoveries. The successful farm-in at Pinjin South and Kirgella covers tenures that encompass the Kirgella Gift and Providence mineral resources, the Lighthorse discovery and the entire mineralised Lighthorse corridor. This corridor is notable for extending north to gold mineralisation and anomalism at Wessex, which is situated less than 1km from the Anglo-Saxon open-pit gold mine, currently under care and maintenance by Hawthorn Resources. The transaction involved a $1.65m (A$2.56m) cash settlement for ownership in multiple tenures including E 28/2654, E 28/2655, E 28/2656, E 31/1127 and several P 31 parcels. According to the agreement, the vendors will be free carried until a positive bankable feasibility study has been delivered and a decision to mine is made. At that point, they must choose to either contribute their share of costs or convert their interest into a 2% net smelter royalty. Kalgoorlie Gold managing director Matt Painter said: 'This marks a major milestone for the company. We are incredibly proud of the KalGold team's achievements since commencing the farm-in at Pinjin. 'In less than two years, the company has defined over 75,000oz of gold in a near-surface Mineral Resource following JORC Code (2012) guidelines, at Kirgella Gift and Providence. Beyond this, we have defined gold mineralisation and anomalism across multiple prospects throughout the tenement package, including the hugely prospective Lighthorse and Wessex prospects.' The company is now awaiting assay results from its recent large-scale aircore drill programme, which targeted areas north and south of the Lighthorse discovery. The outcomes of these assays will significantly influence Kalgoorlie Gold Mining's future exploration strategy. With the key tenure at the Pinjin project now under its control, Kalgoorlie Gold Mining is preparing to ramp up its exploration efforts. The company plans to accelerate aircore, reverse circulation and diamond drilling activities at Pinjin. Additionally, Kalgoorlie Gold Mining is considering targeted geophysical programmes to detect alteration zones, structures and mineralisation. The objective is to discover new high-priority target areas, make further gold discoveries and increase the mineral resource inventory. "Kalgoorlie Gold Mining completes initial farm-in at Pinjin Gold Project" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
West Australian
29-05-2025
- Business
- West Australian
KalGold secures 75 per cent stake in fruitful WA gold project
Kalgoorlie Gold Mining has locked in a 75 per cent stake in its highly prospective Pinjin gold project near Kalgoorlie, completing the first milestone of its farm-in agreement over the project. The company has sealed the deal with a $1.65 million all-cash settlement for the project, which incorporates its Kirgella Gift and Providence mineral resources, alongside its promising breakout Lighthorse discovery and Wessex gold prospect. KalGold says potential remains for it to earn full ownership over the project upon a decision to mine the resources. The development means the company is now firmly positioned as a potential toll treating operation in Western Australia's gold-rich Laverton Tectonic Zone. The farm-in agreement covers four exploration tenements and several prospecting licences, marking a pivotal step for KalGold. The company surpassed all its required metrics to reach its three-quarter stake in under two years. It swiftly defined a 76,400-ounce shallow gold resource at Kirgella Gift and Providence, grading a mineable 1 grams per tonne (g/t) gold, while unearthing significant gold anomalism at both Lighthorse and Wessex. The Lighthorse corridor, in particular, shows massive resource potential. Stretching north to within 1 kilometre of Hawthorn Resources' Anglo Saxon open pit mine, which is under care and maintenance, Lighthorse provides serious exploration upside as KalGold looks to develop its defined resources. 'In less than two years, the company has defined over 75,000 ounces of gold in a near-surface JORC resource at Kirgella Gift and Providence. Beyond this, we have defined gold mineralisation and anomalism across multiple prospects throughout the tenement package, including the hugely prospective Lighthorse and Wessex prospects.' Kalgoorlie Gold Mining managing director Matt Painter The company says its all-cash settlement minimises dilution to its shareholders, while maximising the upside for gold-hungry investors. Under the agreement, the vendors are free carried until a bankable feasibility study or decision to mine, at which point they must contribute costs or convert their 25 per cent interest into a 2 per cent net smelter royalty. Should KalGold reach a decision to mine, the company could secure full ownership of the project, cementing its control over a project sitting just 25km north of Ramelius Resources' 1-million-ounce Rebecca gold project. Rebecca is set for first production in 2027. KalGold's Pinjin project lies within the prolific Laverton Tectonic Zone, a crustal-scale suture hosting giants such as the Sunrise Dam, Granny Smith and Wallaby gold mines, which have a combined output of 30M ounces gold. The company's tenure spans a multi-kilometre corridor ripe for exploration, which is already turning up economic gold. Alongside it, historic Newmont prospects, such as T12 and T15, are yet to be fully tested. February's Lighthorse discovery has already lit up the market with more than a 400 per cent share price run on reports of high-grade hits, including 17m at 4.81g/t gold from 48m and 9m at 3.52 g/t gold from 58m. A recent reverse circulation drilling program confirmed primary orogenic gold mineralisation beneath a supergene blanket, pointing to a potentially large hydrothermal system. KalGold is wasting no time, with plans to accelerate air core, reverse circulation and and diamond drilling across the 2.4km Lighthorse corridor and beyond. Targeted geophysical programs are also on the horizon, designed to sniff out alteration zones, structures and new mineralisation. The company's track record speaks for itself: It defined 214,000 ounces of gold across its WA portfolio, including the 138,000-ounce La Mascotte deposit at its Bulong Taurus project at a discovery cost of $4.60 per ounce. The company says the farm-in deal strengthens KalGold's position to engage strategic partners. Its commanding tenure and low-cost discovery model is drawing attention in a gold market buoyed by prices above $5000 per ounce, more than 1000 times KalGold's current rate of discovery. With a clear path to potential production of its near-surface supergene gold deposits and a pipeline of exploration catalysts, KalGold is shaping up as a serious contender as a cash-flushed WA gold producer. Is your ASX-listed company doing something interesting? Contact:
Yahoo
21-05-2025
- Sport
- Yahoo
What Purdue basketball coach Matt Painter said about freshmen, transfers
There weren't many holes to fill on a Purdue basketball roster returning a pair of All Americans, but coach Matt Painter sure is excited about who he signed. A pair of freshmen guards and a pair of portal posts will add to a Boilermakers lineup that returns its big three of Braden Smith, likely preseason national player of the year, Trey Kaufman-Renn and Fletcher Loyer. Most of the supporting cast also returned after pushing national runner-up to the buzzer in the Sweet 16. Advertisement It's in large part why many pundits picked Purdue to be among the nation's best teams in way-too-early college basketball rankings. And, with the Final Four hosted in the Circle City, it will surely be a popular pick come March should things come together as has been customary under Painter. A seemingly refreshed Painter sporting a Chicago Cubs t-shirt joined 'The Sideline with Andy Katz' podcast to discuss a number of things. Here's what Painter said about his new recruits. What Purdue basketball coach Matt Painter said about Oscar Cluff Cluff was the nation's second-leading rebounder last season and has taken an unorthodox journey to the U.S. In his native Australia, he was going to be a boilermaker. Funny how things work out. Advertisement "He was a great rebounder," Painter said. "... just his physical play, his ability to pass in the low post; we needed better rebounding. We think Daniel (Jacobsen) can help us in there. We think Oscar is probably more polished in that area. Daniel's more polished in terms of rim protection, getting flip-up lobs and using his length right there. So we feel really good about that. ... That for us was huge." Insider Oscar Cluff was destined to be a boilermaker. His world tour found Purdue's 'basketball heaven' Liam Murphy's role for Purdue basketball coach Matt Painter Murphy spent last season at North Florida, where he went on to make 104 3-pointers which tied for 18th most in Division I last season. He fills another need, Painter said. Advertisement "Losing Cam Heide, we felt like we had to get that face-up four also," Painter said. "Cam really helped us in that area, stretching the defense, just like Mason Gillis did, and so that really kind of completes our front line and we feel good about that." Insider: Offseason surgery latest hurdle for Purdue basketball transfer ready to fill his role Freshman Antione West Jr. brings versatility to Purdue basketball West is a 6-foot-3, 180-pound guard who helped lead Toledo Whitmer to the Ohio state semifinals as a junior. He was rated three stars by On3's industry rankings and No. 169 nationally. "I mentioned Antione West before as a combo guard," he said. "... who can score the basketball and is able to play either position." Advertisement And here's what Painter said in November when the Boilers announced his signing: "We are really excited to sign Antione to our squad for next season. He is going to be able to help us in a lot of different ways on both ends of the floor. He is a lead guard that can play both positions, but perhaps most importantly, he is just a player. He can score the basketball. He can catch and shoot, play off the dribble and has a very good pull-up game. I've always liked guards like him that can draw a lot of attention like he does. He has a good skill level, good speed and athleticism and loves to compete and battle. I am just really looking forward to coaching him." Insider mailbag: What will Purdue's offense look like? What's next for Boilers basketball? What Israeli guard Omer Mayer brings to Purdue basketball Mayer will be the first Boilermaker to wear No. 47, and the 6-4, 215-pound guard brings professional experience after playing alongside Trevion Williams with Maccabi Tel Aviv. Advertisement "We think he's going to be a fantastic player for us," Painter said. "He can play either position, very good with the basketball, good decision-maker, plays at an elite level in the EuroLeague ... so we're very excited about him." Insider: How Omer Mayer can elevate Purdue basketball lineup in championship hopeful season, beyond This article originally appeared on Indianapolis Star: Purdue basketball coach Matt Painter said about freshmen, transfers
Indianapolis Star
21-05-2025
- Sport
- Indianapolis Star
What Purdue basketball coach Matt Painter said about freshmen, transfers
There weren't many holes to fill on a Purdue basketball roster returning a pair of All Americans, but coach Matt Painter sure is excited about who he signed. A pair of freshmen guards and a pair of portal posts will add to a Boilermakers lineup that returns its big three of Braden Smith, likely preseason national player of the year, Trey Kaufman-Renn and Fletcher Loyer. Most of the supporting cast also returned after pushing national runner-up to the buzzer in the Sweet 16. It's in large part why many pundits picked Purdue to be among the nation's best teams in way-too-early college basketball rankings. And, with the Final Four hosted in the Circle City, it will surely be a popular pick come March should things come together as has been customary under Painter. A seemingly refreshed Painter sporting a Chicago Cubs t-shirt joined 'The Sideline with Andy Katz' podcast to discuss a number of things. Here's what Painter said about his new recruits. Cluff was the nation's second-leading rebounder last season and has taken an unorthodox journey to the U.S. In his native Australia, he was going to be a boilermaker. Funny how things work out. "He was a great rebounder," Painter said. "... just his physical play, his ability to pass in the low post; we needed better rebounding. We think Daniel (Jacobsen) can help us in there. We think Oscar is probably more polished in that area. Daniel's more polished in terms of rim protection, getting flip-up lobs and using his length right there. So we feel really good about that. ... That for us was huge." Insider Oscar Cluff was destined to be a boilermaker. His world tour found Purdue's 'basketball heaven' Murphy spent last season at North Florida, where he went on to make 104 3-pointers which tied for 18th most in Division I last season. He fills another need, Painter said. "Losing Cam Heide, we felt like we had to get that face-up four also," Painter said. "Cam really helped us in that area, stretching the defense, just like Mason Gillis did, and so that really kind of completes our front line and we feel good about that." Insider: Offseason surgery latest hurdle for Purdue basketball transfer ready to fill his role West is a 6-foot-3, 180-pound guard who helped lead Toledo Whitmer to the Ohio state semifinals as a junior. He was rated three stars by On3's industry rankings and No. 169 nationally. "I mentioned Antione West before as a combo guard," he said. "... who can score the basketball and is able to play either position." And here's what Painter said in November when the Boilers announced his signing: "We are really excited to sign Antione to our squad for next season. He is going to be able to help us in a lot of different ways on both ends of the floor. He is a lead guard that can play both positions, but perhaps most importantly, he is just a player. He can score the basketball. He can catch and shoot, play off the dribble and has a very good pull-up game. I've always liked guards like him that can draw a lot of attention like he does. He has a good skill level, good speed and athleticism and loves to compete and battle. I am just really looking forward to coaching him." Insider mailbag: What will Purdue's offense look like? What's next for Boilers basketball? Mayer will be the first Boilermaker to wear No. 47, and the 6-4, 215-pound guard brings professional experience after playing alongside Trevion Williams with Maccabi Tel Aviv. "We think he's going to be a fantastic player for us," Painter said. "He can play either position, very good with the basketball, good decision-maker, plays at an elite level in the EuroLeague ... so we're very excited about him."
Indianapolis Star
06-05-2025
- Sport
- Indianapolis Star
Purdue basketball schedule opens with in-state opponent. Here are Boilers' 2025-26 opponents
Purdue basketball schedule opens with in-state opponent. Here are Boilers' 2025-26 opponents Show Caption Hide Caption Purdue coach Matt Painter sums up NCAA Tournament loss to Houston Hear what Matt Painter said following Purdue's 62-60 loss to Houston at Lucas Oil Stadium. Purdue men's basketball's full 2025-26 schedule is nearly complete, with only one possible opponent still unknown. The Boilermakers will participate in the Baha Mar Championship on Nov. 20-21 in Nassua, The Bahamas. Memphis and Wake Forest are also reportedly confirmed for the event, leaving one spot still unaccounted for. Purdue announced Tuesday it finalized the remainder of its nonconference schedule. The announcement included home games against Evansville, Oakland, Akron and Eastern Illinois, and a preseason exhibition against UIndy. Here is the schedule as it stands with times and TV assignments to be announced. Purdue basketball schedule for 2025-26 Oct. 24 at Kentucky (exhibition) Oct. 29 vs UIndy (exhibition) Nov. 4 vs Evansville Nov. 7 vs Oakland Nov. 13 at Alabama Nov. 16 vs Akron Nov. 20-21 at Baha Mar Championship (Nassau, The Bahamas) — possible opponents Memphis, Wake Forest and TBA Nov. 28 vs Eastern Illinois Dec. 6 vs Iowa State Dec. 13 vs Marquette Dec. 20 vs. Auburn in Indy Classic (Gainbridge Fieldhouse) Dec. 29 vs Kent State Insider: Did Purdue draw a favorable Big Ten schedule for 2025-26? 3 things to know Purdue basketball's Big Ten opponents for 2025-26 Home/away: Indiana, Iowa, Wisconsin Home only: Illinois, Michigan, Michigan State, Minnesota, Oregon, Penn State and Washington. Away only: Maryland, Nebraska, Northwestern, Ohio State, Rutgers, UCLA and USC. Sign up for Boiler Update for the IndyStar's Purdue coverage directly to your inbox.
