KGL Resources announce the Quarterly Activities and Cashflow Report - 30 June 2015 with the following highlights: - Resource at Jervois increased and upgraded - High grade silver, lead and zinc assays increase polymetallic value - Mine planning, metallurgical and operating costs reviewed to further improve economics - Optimised Pre-Feasibility Study due in October Overview The Resource at the Jervois [...]
KGL Resources announces a new drill program to test targets from a high potential area at the Jervois copper and multi-metal Project in the Northern Territory. KGL has completed a 3D - Induced Polarisation (3DIP) & Magnetotelluric (MT) survey in the Bellbird region to search for additional zones of mineralisation in a poorly tested and yet highly prospective zone along the 12km of mineralised strike length at Jervois [...]
KGL Resources announces that the global resource at Jervois in the Northern Territory has been increased by 21% to 30.5 Mt @ 1.07% copper and 23.0 g/t silver for a total of 327,000 tonnes of contained copper at a cut off of 0.5% copper and 22.6 million ounces of contained silver as detailed in Table 1 (in link below). This includes 10.6 Mt @ 1.37% copper for 146,000 tonnes of contained copper at Marshall-Reward and 5.4Mt [...]
KGL Resources is pleased to announce that Mr. Denis Wood has agreed to join the board as an independent non-executive director. Denis is a qualified metallurgist and geologist with over 45 years' experience in the mining industry. Denis' career has covered: - 13 years with BHP as a metallurgist. Denis gained experience in all the primary steel making processes as well as greenfield coal exploration and mine development [...]
KGL Resources has commenced a 3D - Induced Polarisation (3DIP) & Magnetotelluric (MT) survey in the Bellbird region at Jervois to earch for additional zones of mineralisation in a poorly tested and yet highly prospective zone along the 12km of mineralised strike length at Jervois.
KGL Resources releases the Chairman's and Managing Director's addresses to be given at today's Annual General Meeting. 2015 AGM Chairman's Address - Ladies and gentlemen, the last 12 months has been one of significant achievement for KGL's Jervois project in the Northern Territory, despite volatile global markets and an uncertain commodity outlook. At the last AGM we reported that we were well advanced with the [...]
Brisbane, Australia (ABN Newswire) - KGL Resources (ASX:KGL) is pleased to announce that reverse circulation (RC) drilling at Jervois has continued to extend high-grade mineralisation. Individual one metre intercepts were up to 25.4% zinc (KJC138) and 23.5% lead (KJC136) at Reward North, 7.34% copper (KJC163) at Bellbird East and 404 g/t silver (KJC159) at Green Parrot. Significant results from this program include [...]
KGL Resources is pleased to announce that reverse circulation (RC) drilling at Jervois has continued to extend high-grade mineralisation. Significant results from this program include: Marshall 14m @ 2.53% Cu, 0.18% Pb, 1.71% Zn, 27.8g/t Ag, 0.22g/t Au from 263 m (KJC122) Incl. 5m @ 6.12% Cu, 0.2% Pb, 2.42% Zn, 31.4g/t Ag, 0.48g/t Au from 263 m 4m @ 0.51% Cu, 7.91% Pb, 4.4% Zn, 163.3g/t Ag, 0.13g/t Au from 393 [...]
KGL Resources is pleased to announce that reverse circulation (RC) and diamond drilling at Jervois has continued to extend high-grade mineralisation. Significant results from this program include: Green Parrot (KJC129) 11m @ 1.93% Cu, 2.61% Pb, 1.25% Zn, 218.1g/t Ag, 0.25g/t Au from 153 m Including 4m @ 3.58% Cu, 4.61% Pb, 1.7% Zn, 393.8g/t Ag, 0.56g/t Au from 160 m 4m @ 3.44% Cu, 2.95% Pb, 0.74% Zn, 252.2g/t Ag [...]
KGL Resources has now wrapped up an 11,000 metre drilling program from its Jervois copper-silver-gold project in the Northern Territory. Assays will flow through in the following weeks. Adding to the interest of Jervois is an existing mining lease due to historical mining activities on site. In December 2014, the Pre-Feasibility Study (PFS) found Jervois to be a viable project with upside potential from additional [...]
During the quarter, KGL Resources made good progress in optimising the economics of the Jervois Copper Project, building on the pre-feasibility study finding that the project is technically and commercially feasible. The PFS optimisation work, which is continuing, comprises resource drilling, geotechnical drilling, metallurgical studies and cost reviews. Increases in the size and quality of the mineral Resource were [...]
KGL Resources has acquired two additional exploration licences in the Northern Territory for a cash payment of $20,000. Tenements E28340 and E28271 comprised part of Mithril's Yambah Project located 50km north of Alice Springs. They were acquired because of the close similarity of the mineralisation style and host rocks to KGL's advanced Jervois Project, 150 km east of Yambah. The highly prospective tenements contain a [...]
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