Kaiser Reef Limited (ASX: KAU) has completed a close-spaced helicopter magnetic and radiometric survey over its Maldon Gold Project in Victoria, adding a new layer of high-resolution geophysical data to the company's district-scale exploration program.

An established, cash-generating gold producer has begun a 4,350m surface drilling campaign at Maldon - a historic, high-grade Victorian goldfield adjacent to a processing facility it already owns.