From reading the quarterly announcement I think shareholders/investors might have some good news coming out in the next few months. IE drilling and hopefully news from Professor Aleks Nikoloski research.
The main part of the announcement that grabbed my attention was “rock chip grab samples returned multiple +10g/t Au results, some up to17.25g/t Au, along a 2km mineralised trend that has never been tested withdrilling”
Announcement 20-04-2022 Quarterly activities.
Gold Projects
KRR completed a comprehensive review of its Tennant Creek and Mount Remarkable Gold Projects and planned new reverse circulation (RC) drill programmes for 2022 (KRR ASX announcement 18 February 2022), which are on schedule to commence mid-May 2022.
The Tennant Creek targets include:
The priority RC drill target in 2022 will be at the high-grade gold prospect ‘Kurundi’ Main, where previously announced rock chip grab samples returned multiple +10g/t Au results, some up to 17.25g/t Au, along a 2km mineralised trend that has never been tested with drilling (KRR ASX announcement 5 March 2021).
The drilling would then move onto some coincident gravity and ground magnetic targets identified at the Lonestar Trend area immediately east of Tennant Creek gold field and within proximity to historic workings and outcropping ironstone trends.
Multiple magnetic high targets in the competitive Barkly Project Area may also be tested in 2022.
Refer back to announcement 5 March 2021:
2km mineralised trend/strike zone which had rock chip grab samples and returned multiple +10g/t Au results, some up to 17.25g/t Au, that has never been tested with drilling, excited me.
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