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KGL Resources Ltd.
Summary
| Project: | Jervois | |
|---|---|---|
| Deposit: | Rockface | |
| Location: | Australia | |
| Commodities: | Copper-Lead-Zinc-Silver-Gold | |
| Date: | 9/19/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 19-9-2016: KGL Resources Ltd. announces an Exploration/Drilling Update report for its Rockface deposit at the Jervois project. Drilling results incl. 37.6m @ 5.98% Cu, 27.9g/t Ag, 0.6g/t Au from 535.4m. At Rockface, diamond drill hole KJCD197 was designed | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Rudy Lennartz (Internal) | |
| ABSTRACT: | At Rockface, diamond drill hole KJCD197 was designed to test Conductors 3 and 5 that were modelled from downhole electromagnetic (DHEM) surveys acquired on holes KJCD195 and KJCD196. The three zones above, including the intervening 4.3m of low-grade mineralisation gives a combined intersection of; 37.6m @ 5.98% Cu, 27.9g/t Ag, 0.6g/t Au from 535.4 m Grades of copper, silver and gold are steadily increasing with depth as is the overall width of mineralisation. The style of mineralisation in KJCD197 is similar to that observed in KJCD195-6, KJCD171 and KJCD182-3. Chalcopyrite occurs as fracture fill within the magnetite host rock, and grades into zones of semi-massive and veined chalcopyrite-pyrite. The magnetitechalcopyrite mineralisation is located at the sheared contact between a metamorphosed siltstone/mudstone sequence and a footwall meta-sandstone unit. The host rock is a moderately to intensely altered chlorite-garnet-magnetite assemblage. In KJCD197, a weakly mineralised zone from 530-535.4m preceded the high-grade Conductor 3 zone of mineralisation. A similar weakly mineralised zone extends beyond the high-grade Conductor 5 zone into the footwall from 573-578m. The dominant sulphide in both of these zones is pyrite with minor chalcopyrite. | |
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