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KGL Resources Ltd.
Summary
| Project: | Jervois | |
|---|---|---|
| Deposit: | Rockface | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Silver-Gold | |
| Date: | 12/14/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 14-12-2017: KGL Resources Ltd. announces an Exploration/Drilling Update report for its Rockface deposit at the Jervois project. Drilling results incl. 10.7m @ 4.38% Cu, 20.1g/t Ag, .47g/t Au from 485.2m. KGL Resources Limited (KGL:ASX) (KGL or the Company | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Adriaan van Herk (Internal) | |
| ABSTRACT: | KGL Resources Limited (KGL:ASX) (KGL or the Company) announces drill results extending high grade copper mineralisation at the Rockface prospect, located at KGL’s 100% owned Jervois Copper Project in the Northern Territory. Assays have now been received for several holes from the latest drilling program at Rockface, and others are pending. KGL Executive Chairman Mr Denis Wood said: “These are very good results. They extend areas of high grade copper significantly, reveal new broad copper zones closer to the surface and continue to confirm continuity of mineralisation in both the west and east. “The indication that conductor 6 continues further to the east is very positive news and testing this discovery will be included in next year’s exploration program. “We are close to finalising our very successful exploration program for 2017. Drilling at Rockface will finish early next week with final results from DHEM and assays due early in the new year. “This recent program at Rockface continues to demonstrate success with our now well tested exploration strategy at Jervois. These results, along with those from Reward, will underpin our next resource estimate. “The results from both Rockface and Reward during this recent exploration program strongly support continued drilling and DHEM programs at both sites. The board and management look forward to a restart with two drilling rigs early next year.” | |
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