KRM kingsrose mining limited

Ann: KRM drills 4.75m at 14.2 g/t Au and 81.5 g/t Ag, page-7

  1. 42 Posts.
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    "Kingsrose has immediately recommenced drilling targeting the down plunge extension of recent high- grade results"

    Fabian Baker, CEO of Kingsrose, commented: “Most significant low-sulphidation epithermal gold deposits globally include bonanza grade gold shoots similar to the mineralisation identified within the Way Linggo Project. The grades intercepted in recent drilling at Talang Santo are comparable to early production at the now suspended Way Linggo mine, which in 2010 placed Kingsrose among the lowest cost gold producers listed on the ASX. We are sufficiently encouraged to recommence drilling for growth of this zone and have commissioned two drill holes targeting extensions of mineralisation up to a further 125 metres down dip.”

    I'm no geologist but the above seems very exciting to me^
 
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