For thousands of other reports visit RSC's Mineral Intellingence Map
KGL Resources Ltd.
Summary
| Project: | Jervois | |
|---|---|---|
| Deposit: | Rockface | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Silver-Gold | |
| Date: | 6/30/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-6-2017: KGL Resources Ltd. announces an Exploration/Drilling Update report for its Rockface deposit at the Jervois project. Drilling results incl. 10.3m @ 1.18% Cu, 0.01%Pb, 0.04% Zn, 4.9g/t Au, 12.6g/t Ag from 662m. KGL Resources Limited (ASX:KGL) (KG | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rudy Lennartz (Internal) | |
| ABSTRACT: | KGL Resources Limited (ASX:KGL) (KGL or the Company) announces that further encouraging 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 successful drilling is part of a nine-hole drilling program designed to investigate the high potential geophysical conductor zones on the eastern side of the Rockface prospect as indicated by down hole electromagnetic (DHEM) surveying, and also to facilitate systematic infill drilling in advance of an updated JORC statement of resources planned for later this year. KGL Resources Limited is an Australian mineral exploration company focussed on increasing the high-grade Resource at the Jervois Copper-Silver-Gold Project in the Northern Territory and developing it into a multi-metal mine. From 608.75m to 612m down-hole, a 3.25m wide zone of massive and disseminated chalcopyrite and pyrite mineralisation was intersected. This zone has intense magnetite alteration in the immediate hanging wall and is associated with pink carbonate veining that includes lead and zinc mineralisation. This mineralised intersection correlates with the expected position of Conductor 6. 3.25m @ 3.98% Cu, 0.18% Pb, Hole KJCD210 intersected high grade mineralisation while testing the previously undrilled Conductor 1 and shallower regions of Conductor 3 (Table 3 and Figure 3). Conductors 1 and 3 were identified as targets from DHEM surveying of adjacent holes. This drilling formed part of the exploration program designed to facilitate definition drilling ahead of an updated Resources statement. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report