KGL Resources Ltd (ASX:KGL) is continuing reverse circulation and diamond drilling after completing gravity survey at the Jervois Project in the Northern Territory.
Copper/lead/zinc mineralisation was intersected during infill drilling at Green Parrot area.
A detailed gravity survey over the Bonya metamorphics in the Jervois project area is now complete. Magnetite and garnet-altered rocks within and adjacent to mineralisation are significantly denser than the unaltered country rocks and constitute a good gravity target.
The objective of the gravity survey has been to improve the understanding of the geology and, in combination with existing drilling results and previous geophysical surveys, define new and refine existing drilling targets.
Shallow reverse circulation drilling targeting several soil, geo-chemical, gravity and magnetic anomalies identified in recent field work will commence next week.
In January 2016, KGL raised $3 million capital for funding its activities.
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