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King River Copper Ltd.
Summary
| Project: | Mt Remarkable | |
|---|---|---|
| Deposit: | Trudi | |
| Location: | Australia | |
| Commodities: | Gold-Silver | |
| Date: | 11/27/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 27-11-2017: King River Copper Ltd. announces an Exploration/Drilling Update report for its Trudi deposit at the Mt Remarkable project. Drilling results incl. 4m @ 5.72g/t Au, 26.7g/t Ag from 20m. King River Copper Ltd (ASX:KRC) is pleased to provide this | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ken Rogers, Andrew Chapman (Internal) | |
| ABSTRACT: | King River Copper Ltd (ASX:KRC) is pleased to provide this initial interpretation of the geometry of the gold mineralisation in the Trudi Vein including the very high grade gold intersection of 11m at 27.9g/t Gold (Au) reported in the scissor hole KMRC026 (KRC ASX announcements 10 November 2017 and 21 November 2017). Drilling at this location targeted a historical high grade intersection (5m at 15.4g/t, see KRC:ASX 5 April 2016 release) to confirm these results and provide material for petrographic study. KRC has received all the assays from the Trudi scissor hole and two other holes at this location, which have been incorporated with the survey and geological data into the drillhole database, and used to construct a north-south section at right angles to the east-west trending Trudi Vein (Figure 1). Field observations and measurements of the two historical drill holes (WRC021 and WRD02) that intersected high gold grades at this scissor hole location suggest the historical holes were incorrectly positioned and labelled in the public database. This caused some difficulties in the original siting of the scissor hole. More significantly, the new plotting of the two historical holes suggests they only intersected the southern high grade zone. This explains the wider intersection in KMRC26 which intersected the two very high grade gold zones in the vein. In addition, the grade of the northern high grade zone is higher which helps explain the better overall grade. The company is currently trying to mobilise a downhole survey of the holes at the Trudi scissor hole site, and the nearby mineralised holes, prior to the oncoming wet season. Results of such a survey will greatly assist in more accurate modelling and interpretation of the assay results. | |
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