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KGL Resources Ltd.
Summary
| Project: | Jervois | |
|---|---|---|
| Deposit: | Reward Deeps | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Silver-Gold | |
| Date: | 2/26/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 26-2-2019: KGL Resources Ltd. announces an Exploration/Drilling Update report for its Reward Deeps deposit at the Jervois project. Drilling results incl. 6.44m @ 5.09% Cu, 0.16% Pb, 0.07% Zn, 45.70g/t Ag, 0.76g/t Au from 733.00m. KGL Resources Limited (AS | |
| 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 announce it has received commitments to raise $6.5 million, without costs, through the issue of 21.67 million new shares at 30 cents per share (the Placement). The final assay results from drilling last December have provided high grade intercepts in the Reward Deeps and are expected to contribute to a further increase in the Indicated Copper Resources at Reward. | |
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