Entry for STT list KBLa FA pick. Long KBL = KBL Mining Ltd -...

Entry for STT list KBL
a FA pick. Long
KBL = KBL Mining Ltd - (mkt cap $58M)
Impressed by the intersection reported Thursday 11th October of "26 metres at 7.1% Cu and 4.3g/t Au (in hole KMHRC122) including 7 metres at 15.8% Cu and 14.3g/t Au" at Mineral Hill. This is an intersection reminiscent of Glencore's Cobar old CSA mine and like those reported by YTC (mkt cap $72M) which has the Hera and Nymagee deposits. SP likely to rise as quality of resource appreciated by market and as mining at Mineral Hill is imminent and further drilling is planned. "Rehabilitation of the existing access drive to the Red Terror lodes is complete, and development will commence at Red Terror within one month. In addition, mine development to access the new copper-gold lodes below current mining operations is now 20 metres from the mineralised zone. An additional 1,000m RC drilling program from surface is being implemented and will commence next week to test and extend the Red Terror lodes further to the south and north."