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KGL Resources Ltd.
Summary
| Project: | Jervois | |
|---|---|---|
| Deposit: | Reward South | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Silver-Gold | |
| Date: | 3/17/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 17-3-2020: KGL Resources Ltd. announces an Exploration/Drilling Update report for its Reward South deposit at the Jervois project. Drilling results incl. 45.0m @ 0.98% Cu, 1.35% Pb, 0.74% Zn, 285.5g/t Ag, 0.36g/t Au from 242.2m. KGL Resources Limited (ASX | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Adriaan van Herk (Internal) | |
| ABSTRACT: | KGL Resources Limited (ASX: KGL) (KGL or the Company) has received assay results of the latest nine holes drilled at theReward prospect andeight holes drilled at the Bellbird prospect at KGL’s 100% owned JervoisCopper Project in the Northern Territory (Figure 1). A summary of the results is given in Table 1 andTable 2 andthecomplete results are provided in Appendix I. The Companyhas now received all assays from the 2019 drilling program. The Company first reported last December the discovery of a strong conductor zone as a result of down hole electromagnetic (DHEM) surveying in Hole KJD360 which had been drilled to target a gravity anomaly. Hole KJD415 was drilled to test this conductor, and intercepted: The newly discovered conductor and the intercept in KJD415 are located in one of the strongest gravity anomalies identified at Jervois to date. Hole KJD415 was subsequently surveyed by DHEM. The results of the new survey show a higher conductance of the zone and also adjusted the location of the conductor. The centre of the new conductor was drilled recently; results are pending. | |
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