Kidman will initially focus on drilling in and around Browns Reef to define a significant maiden resource at minimal cost while utilizing proven modern geophysical methods to provide further regional drill targets along the Browns Reef – Woorara Fault trend.
Barrow Creek NT - a drill on site ready to commence drilling.
At Barrow Creek in the NT, a ground-based moving loop electro-magnetic (MLEM) survey is now well advanced after a significant delay caused by an extended wet season. The survey covers Mulbangas, Prospect D South, and Donkey Creek prospects.
A multipurpose drill rig is onsite in readiness to recommence drilling once all the MLEM survey data has been processed and assessed.
Central NSW - VTEM results this quarter In NSW, the Helicopter-borne survey utilizing the VTEM-max time-domain system has been completed over Belmore, Jumble Planes, and Wilga Grove prospects. Results from this survey are expected early in the June Quarter
KDR Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held