Kaiser Reef Production Update – June Quarter
Kaiser Reef (ASX: KAU)
Reported on its gold production for the quarter ending 30 June 2025.
The newly acquired Henty Gold Mine produced 4,069 Oz gold in half a quarter, equating to over 30,000 ounces per annum if production is maintained at the same rate.
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Kaiser Reef Henty Gold mine, Tasmania – Credits Kaiser Reef
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Kaiser Reef | ASX : KAU | |
Stage | Production, Development, Exploration | |
Metals | Gold | |
Market cap | A$107 million @ A$0.18 | |
Location | Victoria, Tasmania | |
Website | www.kaiserreef.com.au/ |
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Kaiser Reef Production Update – June Quarter
ASX RELEASE I 8 JULY 2025
Kaiser Reef Limited (ASX:KAU) (“Kaiser” or the “Company”) is pleased to report on its gold production for the quarter ending 30 June 2025.
During the quarter, on 15 May 2025, Kaiser settled the acquisition of the Henty Gold Mine and associated Tasmanian exploration tenements (“Henty”) from Catalyst Metals Limited (ASX:CYL) (“Catalyst”) and has integrated Henty into the Kaiser business.
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Highlights
Henty Gold Mine Production (processed and reconciled) (15 May – 30 June)
• Henty bedded in under Kaiser ownership
• Tonnes (dry) processed: 35,853t
• Head grade: 4.05g/t
• Processing recovery: 87.1%
• Gold produced: 4,069oz Au
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Maldon Gold Mine Production (processed and reconciled) (1 April – 30 June)
• Includes A1 Gold Mine and ore purchases from third parties
• Tonnes (dry) processed: 10,918t
• Head grade: 2.42g/t
• Processing recovery: 89.0%
• Gold produced: 756.3oz Au
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A1 Gold Mine Production (mine production reconciled) (1 April – 30 June)
• A1 remains in a development phase, establishing operations below historical workings
• Tonnes (dry) mined: 4,262t
• Head grade: 4.03g/t
• Gold mined: 551.7oz Au
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Kaiser’s Managing Director, Jonathan Downes, commented:
“This has been a landmark quarter for Kaiser, headlined by the acquisition of the Henty Gold Mine in Tasmania, a profitable production centre with at least a 5-year mine life, based on Reserves, and fantastic exploration potential.
“We are very pleased with the transition overall and how the Henty team has come on board with Kaiser.
“With the Henty transaction completed, Kaiser has transformed into a company with three gold projects, two operational, and two gold processing plants in a great macro environment for gold.
“This is the single biggest quarter of production for Kaiser and we look forward to building from here.
We will update the market further with our full quarterly report later in the month.”
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To read the full news release please click HERE
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At the time of writing the author holds shares in Catalyst Metals.
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