King River Resources Ltd (ASX: KRR) has completed its 2023 geophysics programme in the Tennant Creek region and has allocated A$2M drilling budget to test resulting targets, commencing 10 November 2023.
The company has undertaken an extensive geophysical programme targeting prospective IOCG 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.
The programme was completed in September 2023 and included a total of 32 line km of DDIP, 9km2 of GAIP, 25km2 of gravity, and 320km2 of detailed magnetics (drone and airborne).
Geophysical processing and interpretation are underway, and the company has confirmed that the results received to date are excellent with new drill targets generated at several locations.
Additionally, King River will commence drilling at its priority target – Lone Star East, where a complex geophysical zone has been identified along strike of the Bluebird Perseverance NW trending gravity anomaly, as well as directly along strike of the Blue Moon, Gigantic, and Metallic Hill historic mines.
To find out more, please visit www.kingriverresources.com.au
To read more articles like this, please visit www.theassay.com/news
