This is a long-term play. I've been buying under 6c and will continue to do so! People will buy when we get some drill holes down a couple of thousand metres.
Kingsrose Mining Limited (ASX: KRM) (“Kingsrose” or the “Company”) is pleased to announce the results
of resampling from 19 historical drill holes. The resampling has verified historical drill intercepts and
improved understanding of the controls on, and styles of, mineralisation at Penikat (Figure 1 and Tables 1
and 2).
Highlights
• Strong repeatability of historical high-grade intercepts, with significant nickel, copper and gold in
addition to high PGE grades over 2 kilometres of the PV Reef:
o 2.6 metres at 11.5 g/t PdEq (5.8 g/t Pd, 6.5 g/t Pt, 0.9 g/t Au, 0.3 % Cu, 0.3 % Ni) from 33.5
metres, SI/KI-63 (versus 2.2 metres at 10.0 g/t PdEq historically)
o 1.6 metres at 10.3 g/t PdEq (3.7 g/t Pd, 8.0 g/t Pt, 1.4 g/t Au, 0.3 % Cu, 0.2 % Ni) from 9.9
metres, SI/KI-49 (versus 1.3 metres at 11.9 g/t PdEq historically), including
1.1 metres at 13.8 g/t PdEq (5.0 g/t Pd, 10.7 g/t Pt, 1.8 g/t Au, 0.4 % Cu, 0.2 % Ni)
o 1.6 metres at 10.0 g/t PdEq (4.0 g/t Pd, 6.8 g/t Pt, 1.0 g/t Au, 0.6 % Cu, 0.2 % Ni) from 10.4
metres, SI/KI-51 (versus 1.6 metres at 11.4 g/t PdEq historically)
• Good repeatability and some thicker than historically reported intercepts on the SJ Reef:
o 3.7 metres at 3.6 g/t PdEq (2.5 g/t Pd, 1.0 g/t Pt, 0.0 g/t Au, 0.0 % Cu, 0.2 % Ni) from 27.9
metres, SI/KI-100 (versus 1.6 metres at 4.15 g/t PdEq historically), including
0.5 metres at 8.5 g/t PdEq (6.2 g/t Pd, 2.5 g/t Pt, 0.1 g/t Au, 0.0 % Cu, 0.3 % Ni) from
29.9 metres
o 6.9 metres at 1.8 g/t PdEq (1.1 g/t Pd, 0.7 g/t Pt, 0.1 g/t Au) from 31.4 metres, SI/KI-316
(versus 0.3 metres at 2.6 g/t PdEq historically), including
0.6 metres at 4.3 g/t PdEq (2.1 g/t Pd, 3.3 g/t Pd, 0.1 g/t Au, 0.0 % Cu, 0.1 % Ni)
o 2.8 metres at 4.9 g/t PdEq (3.6 g/t Pd, 1.7 g/t Pt, 0.1 g/t Au, 0.0 % Cu, 0.1 % Ni) from 32.2
metres, SI/KI-109 (versus 2.8 metres at 7.2 g/t PdEq historically), including
0.9 metres 10.6 g/t PdEq (7.9 g/t Pd, 4.1 g/t Pt, 0.2 g/t Au, 0.0 % Cu, 0.1 % Ni)
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