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King River Copper Ltd.

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Summary

Project:

Mt Remarkable

Deposit:Trudi
Location:Australia
Commodities:Gold-Silver
Date:8/7/2018
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:7-8-2018: King River Copper Ltd. announces an Exploration/Drilling Update report for its Trudi deposit at the Mt Remarkable project. Drilling results incl. 4m @ 36.77g/t Au from 7.0m. King River Copper Ltd (ASX:KRC) is pleased to announce that its RC and
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 significant drill results from its Mt Remarkable Project (200km south of Kununurra). These include the following new intersections: The very high-grade results in holes KMRC126, 127 and 129 are shown in the long projection below (Figure 1). They are from directly above the eastern very high-grade zone (previously announced 4/6/18 and 20/6/18) where best result of 4m @ 113.29g/t Au including 1m @ 346g/t Au from KMRC78 was returned. Visible gold was observed in panning tails from two of the holes (KMRC127 and KMRC129). Drilling continues to test the Trudi vein to the east of this zone with further assays pending. The high-grade results returned from beneath the Trudi 5m grid area are shown in Figure 2 below. This high grade mineralisation appears to have a westerly plunge towards historical intersections in holes 08WRC059 (3m @ 3.52g/t Au including 1m @ 8.01g/t Au) and 08WRC084 (2m @ 6.86g/t Au including 1m @ 9.04g/t Au). These historical high-grade intersections are 25m and 50m down plunge and to the west of the new results and the mineralisation remains open at depth. Drilling in the coming month is planned to further delineate and extend this deeper zone as well as to test for new high-grade zones under Trudi.

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