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KGL Resources Ltd.
Summary
| Project: | Jervois | |
|---|---|---|
| Deposit: | Rockface | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Silver-Gold | |
| Date: | 8/1/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 1-8-2017: KGL Resources Ltd. announces an Exploration/Drilling Update report for its Rockface deposit at the Jervois project. Drilling results incl. 9.62m @ 3.18% Cu, 0.06% Pb, 0.28% Zn, 26.0g/t Ag, 0.4g/t Au from 678.9m. 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) announces further high grade copper mineralisation has been intersected in diamond drilling at the Rockface prospect on KGL’s 100% owned Jervois Copper Project in the Northern Territory. The latest assays are from a successful nine-hole drilling program designed to investigate the high potential geophysical conductor zones on the eastern side of the Rockface prospect, as well as to facilitate systematic infill drilling in advance of an updated JORC Mineral Resource estimate. Down hole electromagnetic (DHEM) surveying in KJCD212 has extended the potential for high grade discoveries in the east by further delineating Conductor Zone 8. In the west at Rockface, hole KJCD215 also intersected further strong mineralisation with assays pending. Welcoming the latest results, KGL Executive Chairman Mr Denis Wood said: “We are highly encouraged to report such a high-grade intersection in our most eastern and deepest hole yet, and to have subsequent modelling of the DHEM now suggesting the conductors extend even further east and further down dip. “Resource definition drilling in the western zone continues to deliver wide intersections of mineralisation as we steadily increase our confidence and understanding of the location and controls on mineralisation. “We are achieving such great success with the DHEM guiding the exploration drilling that I am confident we can look forward to further good results as we continue to increase the scale of the high-grade Rockface copper deposit.” | |
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