KGL Resources announces high-grade copper-silver-gold-zinc-lead massive sulphide intersection at Rockface Deeps

KGL Resources (ASX: $KGL) has reported the intersection of a high-grade massive sulphide zone at Rockface North Lodes. The drilling program revealed strong copper mineralisation, with drill hole KJD627D1 intersecting a high-grade massive sulphide zone at the lower edge of the Rockface North Lodes. Additionally, infill drilling holes KJD227D1 and KJD227D2 intersected high-grade mineralisation at the center of Rockface North Lodes. The DHEM data from the deepest hole at Rockface shows that the Rockface North Lodes are open at depth. The company's newly appointed Chief Executive Officer, Mr. Philip Condon, expressed excitement about the exploration potential at the high-grade deposit, which remains open at depth.

Executive Commentary

The continuation of outstanding high-grade copper drilling results at Rockface Deeps demonstrates the exciting exploration potential at this high-grade deposit, which remains open at depth. Also at the southern end of the Jervois mineralized field, gravity and magnetic data has identified a large geophysical anomaly which may be the source of the high-grade mineralising fluids at Rockface. In the second half of 2024, we intend to finalise the inversion study and develop targets to test this large geophysical anomaly. A drill program to test the targets is subject to the development of the targets and funding.

Summary

KGL Resources (ASX: $KGL) has announced the intersection of a high-grade massive sulphide zone at Rockface North Lodes, with strong copper mineralisation. The drilling program has also revealed potential new high-grade domain at Rockface Deeps, subject to infill drilling. The company's Chief Executive Officer, Mr. Philip Condon, expressed excitement about the exploration potential at the high-grade deposit, which remains open at depth. The DHEM data from the deepest hole at Rockface indicates that conductive mineralisation continues substantially below the level of current drilling. KGL Resources plans to finalise the inversion study and develop targets to test a large geophysical anomaly identified at the southern end of the Jervois mineralized field. The company's drill program to test the targets is subject to the development of the targets and funding.