Resource extension drilling at Bellbird has intercepted further copper mineralisation with good widths and grades along the extent of the deposit.Significant results include- 7m @ 4.84% Cu, 37.7g/t Ag, 0.18g/t Au from 214 m (Hole KJC100)- 6m @ 4.53% Cu, 34.9g/t Ag, 0.15g/t Au from 390 m (Hole KJCD053)- 5m @ 2.63% Cu, 12.3g/t Ag, 0.17g/t Au from 272 m (Hole KJC095)- 6m @ 2.12% Cu, 5.8g/t Ag, 0.03g/t Au from 413 m (Hole [...]
KGL Resources report a new zone of mineralisation discovered at the Morley prospect parallel to the Marshall and Reward deposits.Highlights- Reconnaissance RC drilling at the Morley prospect to the east of East Reward intersected a new zone of shallow mineralisation located beneath outcropping gossans including 14m @ 2.01% Cu, 7.7g/t Ag, 0.06g/t Au from 17 m- East Reward mineralisation extended at depth 4m @ 3.09% Cu [...]
KGL Resources continues to intercept high grades at Bellbird. The balance of outstanding oxide drilling assay results for Bellbird have now been received and confirm the high grade nature of the mineralisation with significant results including: - 7m @ 8.22% Cu, 53.1g/t Ag, 0.23g/t Au from 56 m (Hole JOC082) - 7m @ 6.53% Cu, 49.9g/t Ag, 0.18g/t Au from 63 m (Hole JOC083) - 8m @ 3.38% Cu, 17.1g/t Ag, 0.11g/t Au from 43 m [...]
KGL Resources announce that drilling of near surface copper mineralisation at the Rockface prospect has further defined two zones of mineralisation along the Rockface trend with mineralised intercepts including: - 12m @ 1.33% Cu, 6.5g/t Ag, 0.1g/t Au from 61 m (Hole JOC140) - 11m @ 1.96% Cu, 10.3g/t Ag, 0.1g/t Au from 85 m (Hole JOC141) - 3m @ 1.36% Cu, 2.8g/t Ag from 15 m (Hole JOC142) - 5m @ 1.28% Cu, 4g/t Ag from 20 m [...]
Brisbane, Australia (ABN Newswire) - In a strong cash position, KGL Resources Ltd. (ASX:KGL) (OTCMKTS:KGOLF) extended its intensive exploration drilling activity during the June quarter at the Jervois copper-silvergold project in the Northern Territory.The consistently high grade drill results announced during and immediately after the quarter:- extended areas of high grade mineralisation beyond the known ore bodies along [...]
KGL Resources report near surface drilling at Jervois encounters up to 50.9% lead in a 6m interval averaging 37.7% lead and 551g/t silver Drilling of near surface mineralisation at the Reward deposit encountered high grades of lead mineralisation previously reported that exceeded the assay method limit of 20% lead. Final results are:- 18m @ 0.26% Cu, 16.39% Pb, 0.95% Zn, 279.1g/t Ag, 0.13g/t Au from 33 m (Hole [...]
Simon Milroy, the Managing Director of KGL Resources, commented: "The shape of Bellbird's mineralisation is looking very amenable to open pit mining. I anticipate this will be borne out by the open pit and underground mine optimisation work that commences next month. "Near surface drilling of the Bellbird deposit intersects high grade copper within broad zones of mineralisation including:- 13m @ 5.75% Cu, 23.2g/t Ag [...]
KGL Resources completed a shallow reverse circulation drilling program in May-June and comprised 177 holes for 9,653m. The majority of the holes were drilled at the Marshall-Reward and Bellbird deposits where 59 and 56 holes were drilled respectively. Smaller programs were completed at Cox's Find, Rockface, Green Parrot and at mineralised zones parallel to Marshall-Reward. Holes range from 25m to 100m and were [...]
KGL Resources report drilling of near surface copper mineralisation at the Reward deposit has delivered consistently highgrade copper intervals in RC drilling including the highest copper grade recorded in drilling at Jervois of 26% Cu in hole JOC028. Significant intervals include: - 10m @ 3.11% Cu, 0.15% Pb, 0.23% Zn, 20.3g/t Ag, 0.34g/t Au from 37 m (Hole JOC027) - 7m @ 7.27% Cu, 1.12% Pb, 1.35% Zn, 140.2g/t Ag, 0.38g/t [...]
KGL Resources provides the latest Investor Presentation. Below is the summary from the presentation: - High grade Cu-Ag project with mineral resource of 13.5 Mt @ 1.3% Cu, 25.8 g/t Ag and 69,000 oz Au - Fully funded programs - 30,000 metres drilling completed - Resource Upgrade August 2014- PFS September 2014To view the complete presentation, please visit: About KGL Resources Limited: KGL Resources (ASX:KGL) is an [...]
Brisbane, Australia (ABN Newswire) - KGL Resources Ltd. (ASX:KGL) (OTCMKTS:KGOLF) provides the following Jervois Drilling Update. Reverse circulation and Diamond drilling at Bellbird has focussed on extending the resource at depth and testing an interpreted steep northerly plunge to the deposit. The north plunge is supported by recent results from KJC031 that intersected 4m @ 4.91% Cu from 253m. KJCD056 located at depth [...]
KGL Resources provides the following addresses to be given at today's Annual General Meeting. At our last AGM, which was on held on the 8 August last year, John Barr, our previous chairman and our managing director Simon Milroy explained in some detail what had happened with our Murchison Project in WA earlier in the year and subsequent action that had to be taken. John also advised that, after operating in [...]
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