KBL -
ASX Release 7 April 2016
Pearse North – More High Grade Gold Results
Diamond and RC drilling at the Pearse North deposit, less than 200 metres north of the Pearse open cut, has produced further high grade gold and silver assay results. Intercepts include:
13.1m at 3.7g/t Au and 43g/t Ag from 54.25m, including 4.95m at 6.5g/t Au and 57g/t Ag (KMHDD032) 5 metres at 9.1g/t Au and 57g/t Ag from 35m; and 4 metres at 4.4g/t Au and 48g/t Ag from 43m (KMHRC160) 17 metres at 4.5g/t Au and 9g/t Ag from 4m, including 8 metres at 7.6g/t Au and 12g/t Ag (KMHRC161)
An updated resource estimate is to be undertaken in 2016
Planning has commenced for a possible second gold open cut on the Pearse trend
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