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Mining

KGL Resources appoints Denis Wood as non-executive director

KGL Resources (ASX:KGL) has added to its board with the appointment of Denis Wood as an independent non-executive director.

Wood brings experience in the development and operation of significant resource projects, along with in financing and investment.

He is a qualified metallurgist and geologist with over 45 years’ experience, and spent 13 years with BHP Billiton (ASX:BHP).

KGL is expected to reveal within days the resource upgrade for its Jervois copper-silver-gold project in the Northern Territory.

Jervois currently hosts 25.3 million tonnes at 1.1% copper and 22.1g/t silver, for 280,000 tonnes copper and 18 million ounces silver.

The upgrade will include about 20,000 metres of drilling, and be followed by an updated Pre-Feasibility Study in around October 2015.

Jervois also has existing mining leases in place that makes the permitting and approvals process simpler and faster.

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX emerging companies with distribution in Australia, UK, North America and Hong Kong / China.

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