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Silver July 29, 2014 07:36:28 AM

KGL Resources Encounters with Silver and Lead Mineralization at Jervois

Paul Ploumis
ScrapMonster Author
ASX listed KGL Resources’ drilling program at Jervois copper-silver-gold project in the Northern Territory is on progress.
KGL Resources Encounters with Silver and Lead Mineralization at Jervois

CANBERRA (Scrap Monster): ASX listed KGL Resources’ drilling program at Jervois copper-silver-gold project in the Northern Territory is on progress. It is delivering continuous high grade silver and lead mineralization results from the site.

The latest drilling results from the Reward deposit confirmed the presence of high grade lead mineralization. The final assay results are as follows:

     - 18 metres at 0.26% copper, 16.39% lead, 0.95% zinc, 279.1g/t silver, 0.13g/t gold from 33  metres and also includes 6 metres at 0.57% copper, 37.72% lead, 1.92% zinc, 551.5g/t silver, 0.22g/t gold.

     - 5 metres at 0.19% copper, 11.76% lead, 2.11% zinc, 95.4g/t silver, 0.06g/t gold from 21 metres.

Over at Marshall Reward they intersected with:

    - 35 metres at 1.16% copper, 8g/t silver, 0.15g/t gold from 434 metres; and

    - 19 metres at 1.17% copper, 11.5g/t silver, 0.47g/t gold from 385 metres.

Managing director of the company, Simon Milroy said that Jervois project would deliver high grades of silver, lead and zinc mineralization together with potential copper resources, with was their primary target.

Up to now KGL has delivered about 50.9% lead from the Reward deposit



 

 

 


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