KRR 0.00% 1.0¢ king river resources limited

So we know what is being uncovered by the drill bit.. Further...

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    So we know what is being uncovered by the drill bit..

    Further Upside:

    Interpretation of results so far have shown gold mineralization at Trudi to be broadly associated with the main adularia vein, however the high-grade mineralisation is not constrained to the intense adularia zones as previously thought, but forms plunging shoots that trend within the broader quartz adularia structure. It is interpreted that the overall trend of mineralization follows the intersection of the Grahame vein, another mineralized quartz adularia vein, with the Trudi Vein. This trend is untested by historical drilling beyond the main zone (Figure 2). Exploration drilling is planned to track both the Grahame and the Trudi vein to the east (see new drill intersection of a 38m quartz adularia structure – assays pending; ASX announcement 12/6/18) and then test the intersection zone as it plunges to the east (Figure 2). Close spaced grid drilling has also been completed on the Gemma Vein, 1.4km north of Trudi (assays pending). KRC believe that continued close spaced testing of other mineralized areas on the Trudi Vein could reveal additional new high-grade gold shoots, where a 2017 drill intersect returned over 5g/t Au, adjacent to areas of structural complexity and large vein widths. Also exploration drilling of other veins in the Mt Remarkable project is planned.


    Upside KRC.PNG

    Evidence of some structural changes ~600 metres East of the Trudi main area, with a zone potentially widening to 25+ metres, is also most encouraging. Identifying epithermal gold mineralisation, shallow and of such high grades, so early in this exploration area must greatly enhance the prospectivity of the numerous other under-explored vein systems that KRC have mapped at Mt Remarkable


    Saying all the right things - and everything they have anticipated has come to fruition. I wonder if those assays pending will come good next week??????
    Last edited by Messiah: 21/06/18
 
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