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
KDR Price at posting:
58.0¢ Sentiment: Buy Disclosure: Held