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King River Copper Ltd.

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Summary

Project:

Mt Remarkable

Deposit:Trudi
Location:Australia
Commodities:Gold-Silver
Date:6/28/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:28-6-2018: King River Copper Ltd. announces an Exploration/Drilling Update report for its Trudi deposit at the Mt Remarkable project. Drilling results incl. 2m @ 16.78g/t Au from 15.0m. King River Copper Ltd (ASX:KRC) is pleased to announce that its RC an
Resources:x
CP/QP:[Overall Report]: Ken Rogers, Andrew Chapman (Internal)
ABSTRACT:King River Copper Ltd (ASX:KRC) is pleased to announce that its RC and diamond drill programme is continuing to return high-grade gold results from the current grid drilling 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 4/6/18) and the very high-grade results announced 20/6/18. Twelve samples from 2 holes were flown to Perth for priority analysis due to strong indications of mineralization and the importance of their location The high-grade result from KMRC115 is a continuation to the very high-grade gold zone announced 4/6/18 and 20/6/18 and is still open to the east and at depth (with assays pending for the deeper holes on the same section - Figure 2). This new very high value of 31.8g/t Au and the presence of a significant visible gold tail in the pan show that the grade has increased from the previous section where the highest value returned was 19.30g/t Au in KMRC0083. The high-grade result (9.33g/t Au) from deeper hole KMRC114 (Figure 2 and 3) is a newly identified high grade zone, close to where historic drilling returned broad lower grade mineralisation (06WRC60: 21m @ 0.97g/t Au). This new high-grade result shows that high grade zones are continuing to occur at depth within an overall broad lower grade mineralized envelope. This new high-grade zone is open to the east and at depth on an easterly plunge.

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