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Australia's Kalgoorlie rises most in a year on gold find

By Reuters News01:03 (UTC), 5 October 2026 Updated

** Shares of Kalgoorlie Gold Mining KAL.AX surge as much as 22.2% to A$0.022, posting their biggest intraday pct gain since October 6, 2025

** Stock hits highest level since September 29

** Gold explorer reports widespread gold anomalism after its first aircore drill at Laverton Tectonic Zone (LTZ) Flexure in Western Australia

** Co finds multiple zones of gold anomalism, says one of the zones extends up to 2 km of strike through the upward half of the drill grid

** YTD, stock down over 50%, including the day's move

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