KGL Resources (ASX: $KGL) 2023 Drilling Campaign Results

KGL Resources Limited (KGL, ASX: $KGL) has announced the receipt of final assay results from the 2023 drilling campaign. The company has resumed drilling at Jervois with 2 diamond drill rigs, focusing on collecting data to enhance the mineral resource at Rockface and continuing exploration at depth.

Executive Chairman's Commentary on 2023 Drilling Results

I am satisfied with the significant progress achieved for the 2023 drilling campaign, with final assay results now available and reported herein. The strong drilling results from KGL's 2023 drilling campaign at Reward and Rockface continue to demonstrate the potential for expansion of the high-grade resource from infill drilling at shallow to intermediate depths, as well as from down hole electromagnetic (DHEM) surveys indicating that both remain open at depth. The Company has resumed drilling at Jervois with two diamond drill rigs, aiming to enhance the mineral resource at Rockface and Reward as well as explore the mineralizing systems further at depth.

Summary of 2023 Drilling Results and Outlook

KGL Resources has reported strong final results from the 2023 drilling campaign, with significant copper intersections at Rockface and Reward. The company has resumed drilling at Jervois with the aim of enhancing the mineral resource at Rockface and Reward, as well as exploring the mineralizing systems further at depth. The results demonstrate the potential for expansion of the high-grade resource from infill drilling at shallow to intermediate depths, and from down hole electromagnetic surveys indicating that both remain open at depth. The outlook for KGL Resources involves continued exploration and data collection to further enhance the mineral resource and extend the mine plan.