KGL Resources Recent drilling at Reward indicates that the best copper mineralisation at depth is at the northern end of the deposit. Not only are there higher copper grades often associated with high silver grades, the gold grades are typically much higher than the rest of the Reward ore body. Hole RJ237W1 intersected a 25m interval averaging 0.82g/t Au that included 1m gold assays of up to 5.08g/t Au. This gold grade is [...]
KGL Resources continued to pursue the exploration and development of the Jervois copper-silver-gold project in the Northern Territory. Intensive drilling and electromagnetic surveys produced consistently good results in an exploration program to increase and extend the total Resource.A new high grade copper zone, East Reward, was discovered alongside Marshall-Reward deposit, the largest known ore body at Jervois.Adding to [...]
KGL Resources announce that the first batch of assay results has been received for Phase 1 of resource extension drilling at the Bellbird deposit at KGL Resources Jervois Cu-Ag project in the Northern Territory. Best results include:KJCD026 5m @ 3.9% Cu, 11.1g/t Ag, 0.9g/t Au from 375m KJC017 3m @ 1.79% Cu, 7.1g/t Ag, 0.23g/t Au from 106m KJC019 2m @ 2.25% Cu, 20.4g/t Ag, 0.22g/t Au from 219m KJC020 3m @ 1.88% Cu, 10.1g/t [...]
KGL Resources was placed in a strong cash position to fund drilling and other studies into the feasibility of developing Jervois when the Andash Gold-Copper Project and the Murchison Gold Project were sold.The successful exploration drilling in 2013 continued the strategy of the Company to increase Resources at Jervois since it was acquired in 2011. In November 2012 the Company announced the third increased Resources [...]
Electromagnetic surveys designed to locate extensions to the currently defined Resources at KGL Resources Jervois Copper-Silver-Gold Project have been successfully completed by Gap Geophysics. Additional drilling now being fast tracked ahead of Resource Update Highlights Electromagnetic surveys have located- A strong conductor extending 500m north of the Reward Resource- Shorter conductors south of Green Parrot and east [...]
KGL Resources (ASX:KGL) report all results have now been received for Holes KJCD043 and KJCD058, both drilled along strike to the north of the existing Resource. Both holes intersected the Reward deposit and were then extended further to the east where they have intersected a second zone of mineralisation that does not outcrop which has been named East Reward.- Further drilling at the northern end of the Reward zone [...]
Emerging copper producer KGL Resources announce a new investor presentation with the following highlights. - Focus on the Jervois copper project- High grade copper (1.25% Cu) project - Current mineral resource 170,000 t Cu and 11 Moz Ag - Located in the Northern Territory with access to existing infrastructure - Strong cash position $20m - 20,000 metres drilling program underway- Regular market updates expected from [...]
KGL Resourcesadvises that the sale of the Murchison Gold project has settled.As announced in Dec 2013, KGL has received cash consideration of $15 million for the West Australian gold project.In addition to using the funds to continue the exploration and development of the Jervois copper project in the Northern Territory, KGL has contributed $1 million, on top of the $3million paid in 2013, to the creditors of Kentor [...]
Geodynamics Limited and joint venture partner Kentor Energy Pty Ltd, a 100% owned subsidiary of KGL Resources, are pleased to announce that the Environmental and Social Impact Assessment (ESIA) for the Savo Island Geothermal Power Project has been completed. The ESIA has been submitted to the Solomon Islands Department of Environment, and will be placed on public display for consultation and comment in early March.The [...]
KGL Resources report that a new mineralised copper zone has been discovered at Jervois with the following highlights- Further drilling at the northern end of the Reward zone continues to intercept significant copper mineralisation - Extension drilling intersects a new second zone of copper mineralisation 50 metres east of the existing Reward resource - Extension drilling planned to bring new zone into the Jervois [...]
Sydney, Australia (ABN Newswire) - KGL Resources (ASX:KGL) MD Simon Milroy Presents Live to Investors at the Sydney Sky Tower on November 25, 2013 and simultaneously via Webcast from Investorium.tv.KGL Resources (ASX:KGL) Jervois Copper-Gold-Silver Project, Northern Territory, Australia.Mr Milroy is a mining engineer who previously spent nearly 4 years as General Manager - Project Development and Manager Technical [...]
Sydney, Australia (ABN Newswire) - Sydney's Premier Investment Event held at the Sydney Sky Tower on Monday 25th November will feature four companies with exceptional potential for returns on investment.The Live Webcast begins at 5:00 PM AEST on Monday 25th.Mining entrepreneur Julian Malnic will be introducing Robbert de Weijer MD of Armour Energy, Calvin Treacy MD of Elementos Limited, Simon Milroy MD of KGL [...]
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