Forgot to mention Peloton Capital commentary....

Forgot to mention Peloton Capital commentary.

https://www.kingwestresources.com.a...rie__sir_laurence_drilling_results-_final.pdf

Stock Commentary
Subject: Kingwest Resources Limited
Goongarrie Salt Lake Drilling:

Sir Laurence Gold Discovery Still Growing
New Aircore Intersections Extends Mineralised Footprint to >2km
Mineralisation Still Remains Open in All Directions

Background
Kingwest Resources Limited (ASX:KWR) announced on 3rd March 2022 the assay results of a further 62
aircore holes drilled at the Sir Laurence Prospect at the Company’s wholly owned Goongarrie Gold Project
(GGP) in Western Australia.
The drilling largely testing for extensions to the known mineralised footprint has done just that with several key intersections reported including:
• 24m grading 0.6gpt Au from 48m (including 4m grading 3.2gpt Au)
• 13m grading 0.9gpt Au from 60m (including 1m grading 4.5gpt Au)
• 4m grading 1.0gpt Au from 64m
• 3m grading 1.1gpt Au from 72m
The Sir Laurence mineralisation remains open in all directions.
Expanded diamond drilling program planned soon.

Key Takeaway Points from this Announcement
1) This is more positive news from the Company with this latest aircore drilling successfully extending
out the Sir Laurence mineralisation footprint over 2km in strike and 1km in width extent.
2) Important to note, whilst we believe there will be areas of more mineralised intensity, likely
associated with predominantly cross cutting NW-SE structures, the mineralisation is still not closed
off in any direction.
3) Also in this announcement of interest is the commentary from the Company that gold mineralisation
has now been intersected in no less than three different bedrock types associated with several
different structural features in addition to several occurrences in the overlying alluvial lake deposits.
The table below taken from the Company’s announcement highlights this well comparing several
significant intercepts with rock type and early structural observations.
4) The Company has also provided an update on the eagerly awaited specialist track mounted diamond
rig which will drill test the depth component to the Sir Laurence mineralisation providing much
needed critical core orientation data and a better visual of the mineralisation. Understandably
frustrated by the continued industry wide delays in parts and personnel which is completely beyond
the Company’s control, KWR management remain upbeat that the new rig should arrive soon but
unfortunately are still not able to commit to a definitive start date. We patiently await news of a
planned start date.
5) Ending on a positive note we observe the Company has significantly expanded the size of its planned
maiden diamond drilling program out to 4,000m which sends a positive message to us.