KML Pegs New Tenement: Boomer Transfer (EPM16749) Kan garoo...

KML Pegs New Tenement: Boomer Transfer (EPM16749)

Kan garoo Metals Limited (ASX Code: KML) has pegged a new tenemen t on the Cen t ral
Queensland coa st alon g a t ran sfer uni t showing signi ficant mineralisation pot ential and a stro ng
aeroma gnetic signatu re. This ten ement , called t he “Boomer T ran sfer”, host s histo ric Copp er-
Gold-Molybdenum mines and is pa rallel to the nearb y t ransfer unit ho sting th e Mt Morgan
mine, which ran fo r 99 years and produ ced 7. 2 million ounces o f gold and 360, 000 tonnes of
copper, valu ed today at $9.7billion.
The strong aeromagnetic si gnal to th e so uth west end o f the tenemen t (pictu red b elow) will be
investiga ted in the coming yea r and field inv estigations acro ss the t enement region sh ould help
identify drill ta rgets in the n ear future.