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King River Copper Ltd.
Summary
| Project: | Mt Remarkable | |
|---|---|---|
| Deposit: | Trudi | |
| Location: | Australia | |
| Commodities: | Gold-Silver | |
| Date: | 10/12/2018 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 12-10-2018: King River Copper Ltd. announces an Exploration/Drilling Update report for its Trudi deposit at the Mt Remarkable project. Drilling results incl. 9m @ 2.78g/t Au. King River Copper Ltd (ASX:KRC) is pleased to provide an update on its reverse c | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ken Rogers, Andrew Chapman (Internal) | |
| ABSTRACT: | King River Copper Ltd (ASX:KRC) is pleased to provide an update on its reverse circulation (RC) and diamond drill programme which is continuing at its Mt Remarkable Project (200km south of Kununurra). Significantly the eastern most line of the Trudi 5m spaced grid drilling has intersected a new high-grade zone which is open to the east and down plunge. Trudi Main Grid Assay results have been received from hole KMRC182 at the eastern end of the Trudi grid. The hole returned 9m @ 2.78g/t Au including 1m at 12.45g/t Au discovering a new high-grade zone which is currently open to the east and down plunge. Assays are pending for the other 6 new holes on this section (Figures 1 and 2). This new high-grade zone is situated on the overall easterly plunge predicted from the intersection of the Grahame and Trudi veins. The mineralisation is from within a very intense zone of quartz adularia veining shown in the Figure below. To the west, drilling beneath the central main grid has continued with holes targeting the deeper high-grade zone where historic drilling reported 3m @ 3.52g/t Au including 1m @ 8.01g/t Au. Best new results so far include: 2m @ 5.64g/t Au Including 1m @ 11.1g/t Au from KMRC147 and 15m @ 1.04g/t Au including 2m @ 5.44g/t Au from hole KMRC146 (Figure 2). An unexpected change in dip of the main vein has caused some of the subsequent deeper holes to hit the vein much shallower than planned. These deeper holes have also intersected a second adularia vein, 6m south of the main vein, which is most likely a bifurcation of the main structure and possibly also host to mineralisation | |
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