Company
ASX:KGL
KGL Resources Limited, an ASX-listed Australian mineral exploration and development company, is focused on developing and constructing the high grade Jervois Copper Project mine in the Northern Territory, Australia.
69 stories · page 3 of 4
KGL Resources will use a new drilling program to test targets from a high potential area at Jervois. A successful drilling program could further boost the growing metal resources at the project.
KGL's extensive 20,000 plus metre drilling program has delivered a 36% increase in Indicated resources, and a significant increase in tonnage of the Jervois resource. The new resource will form the basis of an optimised PFS expected to be c
Surveys and soil sampling at Bellbird has now commenced, which will identify deeper targets expected to be drilled later in 2015.KGL remains on-track to deliver its resource upgrade in July 2015.
KGL Resources Melbourne Ivestor Luncheon Presentation
Simon Milroy, managing director for KGL Resources, this week spoke to a packed house of investors, analysts, brokers and fund managers in Sydney, discussing the Jervois project. Over 11,000 assays are pending.
KGL Resources' is well placed for a market re-rating, with the company holding over $0.135 per share in cash, yet the last traded price was $0.11. Key catalysts in the near-term will be drilling results from the Jervois copper-silver-gold p
