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.

The Conversation (0)
Chris Vermeulen, gold bars.

Chris Vermeulen: Gold in "Blow-Off Phase" — Next Move, Plus Silver and Miners Outlook

Chris Vermeulen, chief market strategist at TheTechnicalTraders.com, shares his gold outlook.

He anticipates a significant correction once the broader stock market enters a downturn, but after that sees gold moving strongly upward once again in an "incredible multi-year rally."

Keep reading...Show less
Gold bars in a small shopping cart beside a stack of US hundred-dollar bills.

Is Gold a Buy at Over US$3,000?

Gold burst through the US$3,000 per ounce mark in March 2025 and continued to climb, with indications it could move even higher this year.

Investors now find themselves in a world where the yellow metal is frequently posting all-time highs above the eyebrow-raising US$3,000 price point.

But is gold now too expensive to be worth buying, or is a gold price above US$3,000 still a cheap price point given its future potential?

If you're wondering if you should buy gold now, read on to learn what investment strategies experts recommend when the price of gold is above US$3,000.

Keep reading...Show less
Blue Lagoon Closes Final Tranche Of Financing - Fully Funded To Commence Production

Blue Lagoon Closes Final Tranche Of Financing - Fully Funded To Commence Production

(TheNewswire)

Blue Lagoon Resources Inc.

April 29, 2025 TheNewswire Vancouver, British Columbia Blue Lagoon Resources Inc. (the " Company ") (CSE: BLLG; FSE: 7BL; OTCQB: BLAGF) is pleased to announce that it has completed the final tranche of its previously announced private placement financing (see news releases dated February 24 and March 31, 2025) by issuing 8,900,000 units ("Units") at a price of $0.25 per Unit for gross proceeds of $2,225,000 (the "Offering"). This brings the total proceeds raised across four tranches to $4,871,750.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less

Latest Press Releases

Related News

×