King River Resources (ASX:KRR) has announced the results of its 2024 drilling program at the Kurundi Main prospect near Tennant Creek. The campaign aimed to extend high-grade gold mineralization and explore new areas using drone magnetics. A notable new gold zone was found 250m south of the main workings, with significant assay results, including 9m at 1.62 grams per tonne (g/t) gold.
King River Resources' recent drilling at Kurundi Main prospect has unearthed a new high-grade gold zone, indicating potential extensions of mineralization. With 28 reverse circulation holes drilled, the company validated a southerly plunge for central high-grade gold and discovered new mineralization on a basalt-porphyry contact. Future exploration includes further drilling to explore these high-grade zones and test deeper beneath existing structures, leveraging geophysical surveys to uncover new targets. King River Resources remains committed to advancing its Tennant Creek projects with contemporary techniques and plans extensive drilling to tap into the region's potential.
The drilling confirmed the presence of high-grade gold zones and indicated a possible new style of mineralization on a porphyry-basalt contact, which requires further investigation. A second phase of drilling has commenced to explore these promising targets further.