For those who haven't read it and really don't appreciate the...

For those who haven't read it and really don't appreciate the extent and scope of Jervois and adjacent tenements;
USE of funds.......

...., and provide a pool
of funds to test some of what KGL believes are exciting additional exploration targets in the area.
KGL’s Executive Chairman, Mr Denis Wood, said, “At Jervois the aim is to recommence infill and step out drilling......boring yawn!!.... to increase the resource base and extend the current mine life and project economics.
We will also seek to leverage the strong correlation observed between DHEM analytics and
mineralisation, as evidenced from the work done in recent years. As such some of the proceeds will be
directed toward additional geophysics and drilling of key greenfield exploration targets at Jervois.
KGL’s geological team are excited about the potential exploration success on their tenements given their
improved understanding of the areas structural and geological setting, and ability to use technologies to
better target mineralized zones.

What folk need to understand is that the team have now had years of exploration and infill drilling and matching up geophysics and DHEM analytics to the point that next holes are almost boring with predictability despite the fantastic results and building of resource over this period. Dennis has had the exploration team on a high tensile wire tight string doing mostly boring and less exciting infill drilling proving up resource. Some of these next holes are going to be pure greenfield into hot geophysics targets and hence there are a few of us who have been round for a bit who are fizzing a little just waiting on these holes. Even then the next DHEM might prove even more exciting.

Drill team drill, get them drills hot and spinning, let see some new green fields results! Cant wait.

With the current Cu price Dennis must be seriously looking at all the lower grade ore culled from the latest resource when they upped the cut of levels let alone processes to up the value from Ag,Pb,Zn etc.

Would be rather fantastic if Dennis could extend his rather frugal spend on market updates and telling the story to let us know when drill results might be expect from first green fields holes.

All in AIMHO DYOR GLTA