Kingsgate Consolidated Limited has announced the completion of its planned drilling program at the Chatree South-East Complex, an extension located approximately 3km from the Chatree Gold Mine in central Thailand. The program, carried out by five rigs since 26 May 2025, involved 27 reverse circulation (RC) holes totalling 3,125m and six diamond drill (DD) holes totalling 662.9m. The reported average recovery rates were 62% for RC holes and an impressive 99% for DD holes, supporting the overall quality of drilling and sample collection. Exploration highlights from the South-East Complex and its various target zones have revealed several notable gold intercepts. At the Western Zone, for instance, a key intercept of 16m at 2.61 g/t gold was recorded, which even included a higher-grade section of 3m at 9.23 g/t. In contrast, the Main Zone drilling provided multiple intervals, including significant intercepts that further validate the continuity of mineralisation across the area. At the T Prospect, five RC and two DD holes confirmed a steeply dipping gold mineralisation zone with intercepts such as 7.8m at 0.95 g/t gold and an interval of 22m at 1.29 g/t gold. In addition, the nearby Chang Puek Prospect delivered robust results, including a 32m intercept averaging 2.94 g/t gold and other promising values across its Southern, Middle, and Northern Zones. Further enhancements to the project include supplementary hydrogeology and geotechnical studies. Water management is being evaluated through the drilling of eight RC holes totalling 510m for groundwater testing, while geotechnical consultants are collecting data via eight DD holes accompanied by downhole acoustic televiewer mapping. Kingsgate Consolidated Limited is also in the advanced stages of processing 725 rock chip and soil samples from the Nueva Esperanza Development Project in Chile, with results pending from a commercial laboratory. The technical aspects of the drilling and sampling programs are supported by rigorous QAQC procedures, with detailed logging, duplicate sampling, and the use of certified reference materials ensuring that the data integrity meets industry standards. This systematic approach to exploration is aimed at underpinning a forthcoming inaugural resource estimate for the Chatree South-East Complex, while continued exploration at nearby prospects accentuates the underexplored potential of the region. Investors may interpret the news with a bullish sentiment due to the strong and consistent drilling results and the systematic exploration strategy deployed by Kingsgate Consolidated Limited. The promising high-grade intercepts, proactive approach to resource estimation, and positive developments at both the Chatree and Nueva Esperanza projects indicate robust future upside potential. Conversely, a bearish perspective may be considered due to the inherent risks in early-stage resource estimation, including uncertainties in converting drill intercepts to mineable resources. Additionally, the reliance on upcoming assay results and the challenges imposed by seasonal weather, which may delay planned additional drilling, could temper short-term expectations. Overall, the announcement underlines a positive exploration campaign with significant technical milestones achieved, while also acknowledging the uncertainties that remain in the transition to definitive resource development.