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King River Copper Ltd.
Summary
| Project: | Mt Remarkable | |
|---|---|---|
| Deposit: | Trudi | |
| Location: | Australia | |
| Commodities: | Gold-Silver | |
| Date: | 1/7/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 7-1-2019: King River Copper Ltd. announces an Exploration/Drilling Update report for its Trudi deposit at the Mt Remarkable project. Drilling results incl. 4m @ 19.88g/t Au from 21.0m. King River Resources Ltd (ASX:KRR) is pleased to provide results from | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Ken Rogers, Andrew Chapman (Internal) | |
| ABSTRACT: | King River Resources Ltd (ASX:KRR) is pleased to provide results from its latest phase of RC drilling at its Mt Remarkable Project (200km south of Kununurra). Significantly the latest drilling on the eastern most line of the Trudi 5m spaced grid drilling has intersected a new, very high-grade, gold zone which is open, both, up and down plunge to the east. Also, the deep diamond drill hole at Speewah was completed with assays pending. Mt Remarkable Drilling at Mt Remarkable has been completed for the year prior to the commencement of the seasonal rains (wet season) with 167 holes for 10,074m drilled. Eighteen RC holes for 1,500m were completed as part of the latest phase, with holes targeting high grade gold zones to the east and below the main Trudi deposit. The intersection of 4m @ 19.88g/t Au including 1m @ 69.30g/t Au was returned from a new, very highgrade gold zone at the eastern most edge of the Trudi grid drilling where visible gold was noted from panning of the drill piles. The discovery of this new high-grade zone is very encouraging confirming the company’s belief that multiple high-grade shoots exist at Trudi and are yet to be discovered. This zone possibly connects with recently announced high grade intersection of 9m @ 2.78g/t Au including 1m @ 12.45g/t Au from hole KMRC182 (announced 12 October 2018). Other recent exploration drill intersections further to the east are also mineralised (up to 5.76g/t Au – previously announced ASX 12/10/18) providing additional areas to target high-grade shoots with future infill drilling. | |
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