KGL Resources, an ASX-listed mineral exploration company, recently announced that the diamond drilling at its Jervois Copper project in Northern Territory has discovered a significant extension of mineralisation at Reward.
According to the release, field observations have shown that the interval contains visible chalcopyrite plus pyrite mineralization, which are similar to the intensity and style encountered in the deeper parts of Rockface.
“The discovery of the extension at Reward is an impressive result considering it is a large step-out from some of the previous best copper intersections,” said KGL Executive Chairman Denis Wood. “We are aiming to increase and extend the already significant mineral resource at Reward, and this latest result is encouraging for us in seeking large scale continuity to the north and at depth.”
Further, KGL believes that the drilling success has validated its Down Hole Electromagnetic (DHEM) targeting methodology with the potential to identify zones of high grade mineralisation at Reward as it has done so successfully at Rockface.
“Follow-up DHEM surveys will commence shortly on holes recently drilled at Reward and Rockface to further refine known conductors and search for additional off-hole conductors,” he concluded.