During the quarter, KGL Resources reported very high grade near surface intersections from drilling at the Jervois Copper-Silver-Gold Project in the Northern Territory. The drill results strengthened planning for initial high grade open pit development. The Company announced an increase in the overall Resource at Jervois improving the basis for a sustained multi-metal mining operation. There was an 85% increase in the [...]
Brisbane, Australia (ABN Newswire) - KGL Resources Ltd. (ASX:KGL) Investor Presentation showing a Significant resource upgradeHighlights in the presentation are:- Project in first quartile in terms of copper grade globally (open pit projects)- One of the highest copper grade open pit projects in Australia- Significant silver credits- Lead and zinc resources- RC programme completed- Pre-Feasibility Study underway- Strong [...]
KGL Resources report that the Jervois drilling returns further High-Grade Intersections. More high-grade intersections have been generated by the in-fill resource drilling at Jervois. Significant results include: 14m @ 4.17% Cu, 77.1g/t Ag, 1.42g/t Au from 18m (JOC206) 16m @ 2.55% Cu, 93.8g/t Ag, 0.49g/t Au from 56m (JOC207) 11m @ 3.24% Cu, 24.7g/t Ag, 0.26g/t Au from 44m (JOC179) 8m @ 3.59% Cu, 37.2g/t Ag, 0.28g/t Au [...]
KGL Resources is pleased to announce that diamond hole KJD010W1 has intersected sulphide mineralisation within a broad alteration zone. The hole has intersected the interpreted position of the Reward resource at a vertical depth of 800m below the surface, 300m below any previous drilling and the base of the current resource. Mineralisation comprises veins and disseminations of chalcopyrite with narrow bands of [...]
KGL Resources MD Simon Milroy Talks with ABN About the Jervois Copper Lead Zinc Silver Project in the Northern Territory.With recent drilling and down-hole surveys, the resource has been expanded with the discovery of additional copper, lead and zinc mineralization. The company share price performance has reflected the increase in size of the newly discovered deposits. With a market capitalization of around $12 Million in [...]
KGL Resources provide the latest Investor Presentation regarding the Jervois Copper-Silver-Lead-Zinc-Gold Project in the Northern Territory. To view the presentation. About KGL Resources Limited: KGL Resources is an Australian mineral exploration company focussed on increasing the high grade Resource at the Jervois Copper-Silver-Gold Project in the Northern Territory and developing it into a multi-metal mine. Source:[...]
The global resource at KGL Resources Jervois Resource has been increased to a total of 25.3 mt @ 1.1% copper and 22.1 g/t silver for a total of 280,000 tonnes of contained copper and 18 million ounces of contained silver as detailed in Table 1 in link below. The drilling in this program has increased the Resource by 11.6Mt (85%) and increased contained copper by 109,500kt (64%).Mineralisation remains open in all existing [...]
KGL Resources completed a 9,769m shallow RC drilling program at Marshall-Reward, Bellbird and Green Parrot to better define the oxidation boundaries of the copper resources at Jervois. High-grade copper mineralisation was intersected in the transition zone at all three resources. Follow up drilling is now underway with drilling designed to upgrade the shallow resources from Inferred to Measured and Indicated and to test [...]
KGL Resources announces more very high grade drilling results at the Green Parrot deposit as part of the campaign to increase the total Resources at the Jervois Project in the Northern Territory.The historic Green Parrot pit lies south of Marshall-Reward, the location of the largest currently known Resource at Jervois.Commenting on the latest results, Simon Milroy, the Managing Director of KGL, said:"These extraordinary [...]
KGL Resources report that exploration drilling at Cox's Find intercepted narrow high-grade copper mineralisation below outcropping gossans to the south of previous drilling. Significant intercepts included: - 3m @ 2.57% Cu, 4g/t Ag, 0.04g/t Au from 68 m (Hole KJC062) - 4m @ 3.5% Cu, 12.6g/t Ag, 0.03g/t Au from 127 m (Hole KJCD085) - 2m @ 2.16% Cu, 4g/t Ag, 0.04g/t Au from 55 m (Hole JOC131)Cox's Find is one of [...]
KGL Resources provides the latest Investor Presentation regarding the Jervois Copper - Gold - Silver project. After the recent release of the latest of a series of high grade exploration drilling results at the Jervois Copper-Silver-Gold Project in the Northern Territory, an updated presentation is provided. KGL Resources is an Australian-based, emerging copper mining company listed on the Australian Securities Exchange [...]
Yesterday KGL Resources released the latest of a series of high grade exploration drilling results at the Jervois Copper-Silver-Gold Project in the Northern Territory. Managing Director Simon Milroy reviews the significance of the high quality results and the Company's financial strength as it completes a new Resource Estimate and a pre-feasibility study of the project's development. Q. Can you summarise the [...]