Excellent start to the week what a report this is one of the...

First 21 Last

Share
Profile

Follow
Showme$$

410 Posts.

27

04/06/18

10:21

Post #: 33469558
Share

Originally posted by jay1983 ↑

Australian Securities Exchange Announcement 4/06/18
------------------------------------------------------------------------------------------------------------
Mt Remarkable Drilling Update
• Visible Gold intersected in latest drill holes at eastern end of Trudi Vein grid drilling.
• Prioritised assay results from the best visible gold intersects return 4m @ 113.29/t Au including
1m at 346g/t Au from KMRC0078 and 3m @ 34.8g/t Au including 1m @ 50.5g/t Au from
KMRC0077.
• First batch of assay results confirm multiple plunging high-grade shoots forming a core to the
main Trudi mineralised zone with best results including 3m @ 22.31g/t Au including 1m @
65.90g/t Au, 3m @ 9.84g/t Au including 1m @ 14.70g/t Au and 6m @ 4.01g/t Au including 1m @
15.65g/t Au, down hole widths.
King River Copper Ltd (ASX:KRC) is pleased to announce that fine visible gold has been observed in the
latest holes at the eastern end of the current reverse circulation (“RC”) drilling grid of the Trudi Vein, at
the Mt Remarkable Project (200km south of Kununurra). A total of 46 holes for 1,600m have been
completed so far with the first batch of assay results (for the first 650m of drilling) received on
Wednesday last week, returning multiple high-grade gold intersects. In addition, a set of prioritised
samples with visible gold were sent to the laboratory with assay results received on Saturday. This
announcement summarises these results. Assays are pending for the rest of the holes drilled to date.
The current drill programme is a close spaced RC grid (drill intersections aimed at 5m spacing) designed
to test and delineate the trend of high-grade gold mineralisation and identify other nearby high-grade
shoots (Figure 2 and 3). The drilling is also designed to provide insight into mineralisation controls and
assist with future targeting of high grade mineralisation on this and other veins.
The fine visible gold mineralisation was noted in KMRC0078 (25-26m) at the eastern end of the current
drill grid, east of historical drill intersection of 4m at 15.06g/t Au (KRC ASX announcement 5 April 2016)
forming what appears to be a narrow, very high-grade shoot plunging to the east where historic drilling
has been sparse. Panning of this interval (roughly 2 scoops ~1kg of drill material) and another interval
(23-24m) returned significant tails of gold – see photos below in Figure 1.
Figure 1 (a) Gold tail in pan from KMRC0078 - 23 to 24m (approx. 1kg of RC material panned), (b) & (c) close

Expand

Excellent start to the week what a report this is one of the best stocks I have in my portfolio happy happy happy

KRC Price at posting: 9.6¢ Sentiment: Hold Disclosure: Held
9 Upvote

0 Great analysis

Reply

Top Stories

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

FHE

Frontier Energy achieves key milestone for Waroona energy project

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

TLG

Talga to form joint venture with lithium producer SQM to develop Sweden's Aero project

There are more pages in this discussion • 142 more messages in this thread...

First 21 Last

Add KRR (ASX) to my watchlist

(20min delay)
Last 1.0¢		Change 0.000(0.00%)		Mkt cap ! $15.53M

Open	High	Low	Value	Volume
1.0¢	1.0¢	1.0¢	$1.25K	125K

Buyers (Bids)

No.	Vol.	Price($)
7	1524628	1.0¢

Sellers (Offers)

Price($)	Vol.	No.
1.1¢	1050799	7

View Market Depth

No.	Vol.	Price($)
7	1524628	0.010
16	6269110	0.009
22	30944053	0.008
7	9238230	0.007
9	5685808	0.006

Price($)	Vol.	No.
0.011	1050799	7
0.012	3242033	6
0.013	431818	2
0.014	962909	5
0.015	165000	2

Last trade - 11.57am 21/06/2024 (20 minute delay)

KRR (ASX) Chart

Excellent start to the week what a report this is one of the...

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Frontier Energy achieves key milestone for Waroona energy project

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Talga to form joint venture with lithium producer SQM to develop Sweden's Aero project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Excellent start to the week what a report this is one of the...

Top Stories

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Frontier Energy achieves key milestone for Waroona energy project

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

Talga to form joint venture with lithium producer SQM to develop Sweden's Aero project

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News