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KGL Resources Ltd.
Summary
| Project: | Jervois | |
|---|---|---|
| Deposit: | Jervois | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Silver-Gold | |
| Date: | 9/9/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-9-2019: KGL Resources Ltd. announces an Exploration/Drilling Update report for its Jervois deposit at the Jervois project. Drilling results incl. 22.4m @ 2.15% Cu, 0.02% Pb, 0.02% Zn, 13.90g/t Ag, 0.08g/t Au from 162.4m. KGL Resources Limited (ASX: KGL) | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Adriaan van Herk (Internal) | |
| ABSTRACT: | KGL Resources Limited (ASX: KGL) (KGL or the Company) is pleased to report recent drill results and other mine planning progress at KGL’s 100% Jervois Copper Project in the Northern Territory. KGL Chairman Denis Wood said directors were pleased with the positive results from the current drilling plan that was designed to enhance resources ahead of mining. “We are concentrating on increasing and upgrading the resources at the known deposits that are part of our concept mining plans,” he said. “The results are confirming resource growth potential around the entire Reward resource and around Bellbird underground. “The mining contractor we have now engaged will optimise the mine planning. We aim to have this completed this year as part of the progress we are making with the project development plans required for the government licensing process.” KGL has recently received assay results of 11 holes drilled at the Reward, Bellbird, Amigo and Ma’a Salama prospects at KGL’s 100% owned Jervois Copper Project in the Northern Territory. The results are provided in Table 1 and in Figures 1 to 5. | |
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