Kaiser Reef eyes golden clean-up from historic Victorian mine waste

Profitable gold producer Kaiser Reef Ltd has defined a 3100-ounce gold resource in tailings at its A1 mine in Victoria and is drilling for more at Maldon, backed by a hefty $37.2 million in cash.

Kaiser Reef Ltd has defined 3100 ounces of gold in Victorian tailings and is now drilling for more at its Maldon project, backed by a healthy $37.2 million cash and bullion position.