KRR 0.00% 1.0¢ king river resources limited

Ann: Response to ASX Price Query, page-3

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  1. 68 Posts.
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    I like Part 3 - especially last 2 sentences ...
    The Board of King River Copper can offer no explanation for the heightened interest in the Company’s listed securities over recent days other than the Mt Remarkable Strike Extension announcement released to the ASX on 20/12/2017 The drilling assays that were reported have extended the main Trudi vein system at Mt Remarkable to a potential strike length of nearly 1km with mineralised intersections obtained 600m to the east and 100m to the west of the original historical drilling. High grade mineralization (+5g/t) was also returned at the eastern part of the Gemma Veins, adjacent to some areas of structural complexity and large vein widths. Gold mineralisation was also intersected at other locations, including at the Grahame vein, an area west at the Catherine vein, and an intersection of mineralised veining near previously reported 30.8g/t Au rock chip sample (please refer to ASX announcement 30/8/17). Metallurgical test work on the Company’s world class JORC Resources of Vanadium and Titanium at Speewah is ongoing and well advanced. The next update on that work should be available to shareholders towards the end of January 2018, at which time the Company expects to have commenced scoping work on that project.
    Last edited by Tony Cara: 03/01/18
 
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