This KGD004 bedrock gold intersection provides conclusive proof that there is high-grade reef-style bedrock gold mineralisation within the Sir Laurence prospect area.
Sir Laurence is therefore a new bedrock gold discovery, located under extensive cover 8km to the northeast of the historic Goongarrie gold mining centre, which is the nearest area of historic gold production.
The company believes that this high-grade reef style gold intersection is one of a number of potential bedrock-gold sources that have supplied gold to the widespread alluvial, interface and bedrock gold mineralisation that was discovered by Kingwest in aircore drilling at Sir Laurence.
KWR Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held