KGL Resources (ASX:KGL) has reported significant high-grade copper intersections from its ongoing drilling efforts at Reward Deeps, Reward Underground, and Rockface. The results from 16 drill holes confirm substantial copper mineralization across multiple zones, aiming to convert inferred resources to indicated categories in the next resource upgrade.
KGL Resources has announced promising drilling results from its campaign at Reward Deeps, Reward Underground, and Rockface, which have confirmed substantial copper mineralization. Key highlights include notable intersections at Reward Deeps and potential resource additions at Rockface, with drilling confirming geological continuity and extending mineralization. CEO Philip Condon emphasized the importance of these results in strengthening the company's resource model and outlined plans for further shallow RC drilling along the Jervois J-fold strike. The results are part of a strategy to enhance geological confidence and convert inferred resources to indicated, with a resource update expected soon. The exploration program will continue to focus on expanding resources and improving the resource model at the Jervois Project in Northern Territory, Australia.
The potential of the results to significantly strengthen the confidence and scale of the company's resource model is highlighted. The company plans to provide a resource update incorporating these results and shift focus to shallow RC drilling for further resource additions along the Jervois J-fold strike.