Ann: Mt Remarkable High Grade Gold Assays, page-21

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04/06/18

10:21

Post #: 33469558
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Originally posted by jay1983 ↑

Australian Securities Exchange Announcement 4/06/18
------------------------------------------------------------------------------------------------------------
Mt Remarkable Drilling Update
• Visible Gold intersected in latest drill holes at eastern end of Trudi Vein grid drilling.
• Prioritised assay results from the best visible gold intersects return 4m @ 113.29/t Au including
1m at 346g/t Au from KMRC0078 and 3m @ 34.8g/t Au including 1m @ 50.5g/t Au from
KMRC0077.
• First batch of assay results confirm multiple plunging high-grade shoots forming a core to the
main Trudi mineralised zone with best results including 3m @ 22.31g/t Au including 1m @
65.90g/t Au, 3m @ 9.84g/t Au including 1m @ 14.70g/t Au and 6m @ 4.01g/t Au including 1m @
15.65g/t Au, down hole widths.
King River Copper Ltd (ASX:KRC) is pleased to announce that fine visible gold has been observed in the
latest holes at the eastern end of the current reverse circulation (“RC”) drilling grid of the Trudi Vein, at
the Mt Remarkable Project (200km south of Kununurra). A total of 46 holes for 1,600m have been
completed so far with the first batch of assay results (for the first 650m of drilling) received on
Wednesday last week, returning multiple high-grade gold intersects. In addition, a set of prioritised
samples with visible gold were sent to the laboratory with assay results received on Saturday. This
announcement summarises these results. Assays are pending for the rest of the holes drilled to date.
The current drill programme is a close spaced RC grid (drill intersections aimed at 5m spacing) designed
to test and delineate the trend of high-grade gold mineralisation and identify other nearby high-grade
shoots (Figure 2 and 3). The drilling is also designed to provide insight into mineralisation controls and
assist with future targeting of high grade mineralisation on this and other veins.
The fine visible gold mineralisation was noted in KMRC0078 (25-26m) at the eastern end of the current
drill grid, east of historical drill intersection of 4m at 15.06g/t Au (KRC ASX announcement 5 April 2016)
forming what appears to be a narrow, very high-grade shoot plunging to the east where historic drilling
has been sparse. Panning of this interval (roughly 2 scoops ~1kg of drill material) and another interval
(23-24m) returned significant tails of gold – see photos below in Figure 1.
Figure 1 (a) Gold tail in pan from KMRC0078 - 23 to 24m (approx. 1kg of RC material panned), (b) & (c) close

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Excellent start to the week what a report this is one of the best stocks I have in my portfolio happy happy happy

KRC Price at posting: 9.6¢ Sentiment: Hold Disclosure: Held
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