KGL Resources Reports Significant Copper Mineralization at Jervois Project with High-Grade Drill Results

KGL Resources (ASX: KGL) reported promising results from its Jervois Copper Project in the Northern Territory, with assays from 16 drill holes at Reward Deeps, Reward underground, and Rockface confirming significant copper mineralization. Key highlights include wide intersections at Reward Deeps South and North, such as hole KJD637, which intersected 18.9 meters at 1.99% Cu, 17.43 g/t Ag, and 0.32 g/t Au, including high-grade sections up to 5.39% Cu. Other holes like KJD638 and KJD639 also revealed high-grade copper and silver mineralization, enhancing the potential of the Reward Deeps resource.

Additionally, drilling at Reward underground, particularly in holes KJD640, KJD640D1, and KJD640D2, confirmed the extension of the Reward Main Shoot with copper grades up to 3.12% Cu over significant widths. At Rockface, hole KJD627D2 extended mineralization 70 meters below the current model, supporting geological continuity at depth. CEO Philip Condon highlighted that these results could bolster the confidence and scale of the Jervois resource model, with an updated resource estimate forthcoming. The project now shifts to shallow RC drilling to expand resources along the 12 km Jervois strike.

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