Kaiser Reef has started underground development at its historic Maldon gold project in Victoria, moving the project forward after a long pause. Multiple outlets report this is the first underground work at the site in nearly a decade, with The West Australian adding that the restart comes after about eight years.
The coverage frames the activity as new ground for the company at the Victorian goldfield. The West Australian also provides additional context on the broader Maldon area, saying it has produced about 1.75 million ounces of gold at an average grade of 28g/t. Other outlets focus more narrowly on the commencement of underground development and the significance of restarting work after the extended downtime.
Overall, all reports agree on the same core points: Kaiser Reef begins underground development at Maldon in Victoria and is resuming activity after years without such work, with the project aimed at extending the historic goldfield.
