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King River Copper Ltd.

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Summary

Project:

Mt Remarkable

Deposit:Trudi
Location:Australia
Commodities:Gold-Silver
Date:6/20/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:20-6-2018: King River Copper Ltd. announces an Exploration/Drilling Update report for its Trudi deposit at the Mt Remarkable project. Drilling results incl. 2m @ 66.50g/t Au from 20.0m. King River Copper Ltd (ASX:KRC) is pleased to announce that multiple
Resources:x
CP/QP:[Overall Report]: Ken Rogers, Andrew Chapman (Internal)
ABSTRACT:King River Copper Ltd (ASX:KRC) is pleased to announce that multiple very high-grade gold results have been returned from drilling at the eastern end of the current reverse circulation (“RC”) drilling grid on the Trudi Vein, at the Mt Remarkable Project (200km south of Kununurra). These results are subsequent to previously announced visible gold intersections of 4m @ 113.29/t Au including 1m at 346g/t Au from KMRC0078 and 3m @ 34.8g/t Au including 1m @ 50.5g/t Au from KMRC0077 (KRC ASX announcement 5/6/18). The new results now define a very high-grade gold zone that is currently open to the east and at depth (Figure 1 to 3). Follow up holes to test extensions to this zone have been designed and drilling has commenced. The current drill programme is a close spaced RC grid (5m spacing) designed to test and delineate the trend of high-grade gold mineralisation and identify other nearby high-grade shoots (Figure 2 and 3). The grid has now been extended to the east to follow up on and extend this new high-grade zone and a second deeper grid (at 10m spacing) has also been commenced. Also four diamond drill holes are planned to start late this week to provide structural information on the high-grade gold zones.

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