King River Resources

Quarterly Activities/Appendix 5B Cash Flow Report

King River Resources Ltd (ASX: KRR) (“KRR” or the “Company”) received the final batch of assay results from phase 1 drilling for gold targets at the Kurundi Prospect (Figure 1) within the Tennant East Project area (KRR ASX release 6 November 2024).


Northern Territory Tennant Creek Gold-Copper Projects

This drilling is the second part of the KRR’s larger $2million drill budget to follow up on targets generated from the 2023 geophysics programme targeting prospective IOCG and gold areas at Rover East, Tennant East, Barkly and Kurundi, including multiple targets along strike of geophysical and geological trends associated with other known significant deposits of high-grade Copper and Gold including Rover, Bluebird and Mauretania (KRR ASX releases 8 March 2023, 31 May 2023 and 11 October 2023).

Figure 1: Tennant Creek Projects and recent exploration work (coloured polygons – KRR Tenements).

Last year, KRR allocated a $2million drill budget to follow up on targets generated from its extensive 2023 geophysics programme including targets at the Tennant Creek East, Rover East, Kurundi and Barkly Projects which are along strike of geophysical and geological trends associated with known deposits of high-grade copper and gold including Rover, Bluebird and Mauretania.


Click here for the full ASX Release

This article includes content from King River Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

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