KDR 0.00% $1.90 kidman resources limited

23 APRIL 2013 REPORTmost impressive core from latest DD...

  1. al1
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    23 APRIL 2013 REPORT
    most impressive core from latest DD drilling
    assays are now pending and expected.......
    4 DD holes drilled
    ...assays pending
    2 more planned to follow.....
    Todays high 60.5 ..Fri close 53.5
    -------------------------------------------------
    did post a jpg image...but am told its too big...no idea how to make a jpg image any smaller
    so view it at
    http://www.kidmanresources.com.au/pdfs/23-4-2013/20130423%20ASX%20Announcement%20Broad%20sulphide%20zone%20on%20Southern%20lode%20FINAL.pdf
    ------------------------------------------
    some details on kdr

    Shares Issued:.....85,405,328 23 April 2013
    options kdro.......25.598,752M.........13 nov 2013 ex 20c
    above from report 23/04/2013

    CASH ON HAND .......$5M...........21march 2013
    above from 21 march presentation
    ----------------------------------------------
    REPORTS

    Broad Sulphide Zone on Southern Lode
    2013-04-23
    1st Diamond Hole at Conductor 2 Intersects Massive Sulphides
    2013-04-15
    Shallow High Grade results from Prospect D
    2013-04-09
    Diamond Drilling Commences at Home of Bullion
    2013-04-03
    High Grade Intercepts from Home of Bullion and Prospect D
    2013-03-26
    Trading Halt
    2013-03-25
    Best Ever Intersection at HOB from New Massive Sulphide Zone
    2013-03-12
    Trading Halt
    2013-03-11
    New Massive Sulphide Zone at Home of Bullion
    2013-02-28
    Trading Halt
    2013-02-27
    -----------------------------------------
     New high grade zone discovered using modern geophysics
     Multiple targets still to be tested at HOB / Prospect D
     100% project ownership
     Strong Cash position
     Highly prospective NSW projects sidelined for now!
     Experienced & focussed exploration team – money spent in ground
     Active work programs with strong news flow
    ----------------------------------------------
    PENDING
    ASSAYS
    four diamond holes completed in this current program
    HDD034
    HDD035
    HDD036
    HDDO37

    HDD037 and HDD034 contain some of the widest and deepest intercepts received at HOB
    and remain open at depth
    --------------------------------------
    Projects:
    Home of Bullion (100%) –Copper / Silver/ Lead/ Zinc - Barrow Creek, NT
    Crowl Creek (100%) – Copper/Silver/Gold /Lead/Zinc – Lachlan Fold Belt, Central NSW
    Hale River (100%) – Rare Earths – Alice Springs NT

    ----------------------------------------------
    Investment Highlights:
    - Identified “New Massive Sulphide Zone” beneath cover along strike from HOB – assays pending

    - Multiple magnetic targets identified along 12km HOB corridor to be tested with upcoming FLEM surveys

    - Exploration model defined at Wilmatha with planned

    “Induced Polarisation” surveys targeting Porphyry system

    - Follow up DHEM at Anaconda (NSW) to define down-plunge continuity
    --------------------------------------

    Principal Place of Business
    Suite 3, Level 4
    12-20 Flinders Lane
    Melbourne VIC 3000
    Phone: 61 3 9671 3801
    Fax: +61 3 9671 2347
    email: [email protected]
    ------------------------------------------
    Directors:
    Garrick Higgins – Non Exec Chairman
    Shane Mele – Executive Director
    Andrew McIlwain- Non Exec Director
 
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