The pre-feasibility study of KGL Resources Jervois Copper Project in the Northern Territory completed in December 2014 found Jervois to be a viable project with strong upside potential from additional drilling and metallurgical work. KGL Resources decided to undertake an additional work program to improve the economics. Work to date is summarised below: - an updated Mineral Resource estimate that is expected to be [...]
KGL Resources is pleased to announce that reverse circulation (RC) drilling at Bellbird has continued to extend high-grade mineralisation. Significant results from this program include: Bellbird KJC111 5m @ 1.35% Cu, 4.3g/t Ag, 0.03g/t Au from 353 m 12m @ 2.6% Cu, 9g/t Ag, 0.06g/t Au from 361 m KJC108 4m @ 2.03% Cu, 9.1g/t Ag, 0.14g/t Au from 338 m KJC109 3m @ 2.25% Cu,11.3g/t Ag, 0.16g/t Au from 293 m 6m @ 3.73% Cu [...]
KGL Resources announce the latest Investor Presentation containing a mineral resources update of:25.3 Mt @ 1.1% Cu for 280,000 t Cu 25.3 Mt @ 22 g/t Ag for 18 Moz AgTo view the presentation. About KGL Resources Resources is an Australian mineral exploration company focussed on increasing the high grade Resource at the Jervois Copper-Silver-Gold Project in the Northern Territory and developing it into a multi-metal mine [...]
KGL Resources is pleased to announce that diamond drilling at Marshall, Reward, Green Parrot and Bellbird has confirmed shallow, high-grade mineralisation and provided material for further metallurgical test work. Significant results from this program included: Reward - 23m @ 1.68% Cu, 21.3g/t Ag, 0.4g/t Au from 29 m and- 3m @ 3.02% Cu, 0.13% Pb, 0.87% Zn, 26g/t Ag, 0.22g/t Au from 58 m (Hole JMET016)- 5m @ 1.08% Cu [...]
KGL Resources has commenced a nine hole diamond drilling program to obtain geotechnical data for the two largest pits Marshall-Reward and Bellbird South. This will assist in further optimising the final pit designs for the Pre-Feasibility Study. Drilling of the second hole at Marshall-Reward intersected unexpected mineralisation east of Marshall (Figure 1 in link below). Diamond hole GTD002 was collared approximately 130m [...]
During the quarter, KGL Resources announced that the prefeasibility study (PFS) of the Jervois copper project in the Northern Territory had shown Jervois as a technically and commercially feasible project with strong upside from additional planned drilling and metallurgical work.Based on a resource containing 280,000 tonnes copper and 18 million ounces silver, the PFS forecast average annual production of the order of [...]
KGL Resources is pleased to announce results from deep diamond hole KJD010W1 drilled during Sept-Oct 2014. These assays have confirmed the continuation of mineralisation from surface outcrop to 860m depth where grades of up to 5.94% Cu, 17.10% Pb, 11.60% Zn, 663g/t Ag were recorded.HighlightsCopper zone- 7m @ 2.07% Cu, 1.06% Pb, 2.41% Zn, 92.1g/t Ag, 0.18g/t Au from 1100mIncluding2m @ 4.75% Cu, 1.68% Pb, 1.94% Zn [...]
KGL Resources is pleased to announce a Pre-Feasibility Study (PFS) update for KGL's 100% owned Jervois copper project in the Northern Territory. The studies show Jervois as a technically and commercially feasible project with strong upside from additional planned drilling and metallurgical work.Simon Milroy, Managing Director of KGL Resources commented "Jervois has been confirmed as a viable mid-sized, multi-metal [...]
KGL Resources is pleased to announce that resource definition drilling at Bellbird and Marshall has continued to intersect shallow, high-grade copper mineralisation.Bellbird Prospect drilling- 7m @ 8.88% Cu, 96.5g/t Ag, 0.29g/t Au from 23 m (RC hole JOC304)- 15m @ 3.66% Cu, 21.2g/t Ag, 0.5g/t Au from 13 m (RC hole JOC297)- 9m @ 4.25% Cu, 8g/t Ag, 0.29g/t Au from 18 m (RC hole JOC305)- 16m @ 1.69% Cu, 5.7g/t Ag, 0.07g/t Au [...]
KGL Resources Report Highest Jervois Silver Grade of 2,350 g/t at Reward. - In-fill drilling at Reward intercepts highest ever silver grade of 2,350g/t - High gold grades in the zone between Marshall and Reward 28m @ 1.55 % Cu and 2.49 g/t AuReverse circulation (RC) hole JOC266 drilled at Reward recorded the highest ever silver grade of 2,350g/t at Jervois beating the previous highest of 1,650g/t at Green Parrot. Best [...]
KGL Resources announce a program of DHEM was conducted by Gap Geophysics in several holes at Marshall and Reward prospects using a DigiAtlantis sensor with HPTX70 transmitter system. The results of these surveys have been analysed and modelled by Newexco to generate targets for future drilling. Several new off-hole conductors recorded in down-hole electromagnetic survey (DHEM) at Marshall-Reward.
In May-June 2014 KGL Resources completed a 177 hole reverse circulation program at Jervois for 9,653m. The drilling program was designed to improve delineation of shallow mineralisation and to improve interpretation of the oxidation boundaries within the regolith profile prior to a resource update. The new resource was subsequently used for a pit optimisation that forms part of the preliminary feasibility study. The [...]
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