Let's see what pans out!King River Resources has drill turning as it targets high-grade gold at Mt Remarkable
The company is undertaking the 4-hole program to investigate the possibility of an offset of high-grade gold mineralisation at the project.
King River Resources Ltd (ASX:KRR) has started a 2,500-metre reverse circulation drill program to test high-grade gold mineralisation at Mount Remarkable Project in Western Australia.
The company will target an area where multiple high-grade gold results were returned last year including a best result of 4 metres at 113.29 g/t including 1-metre at 346 g/t.
Possibility of high-grade gold
The company said: “Previous drilling at the Mt Remarkable Trudi Vein has yielded some excellent high-grade epithermal gold values.
“The primary objective of this current 2020 program is to investigate the possibility of an offset of this high-grade gold mineralisation, by targeting an area with four holes approximately 120 to 150 metres east of that original discovery.
Ann: Trading Halt, page-35
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