KGL Resources Limited ( (AU:KGL) ) just unveiled an update.
KGL Resources Limited has announced the final results of its 2024 drilling program, which aimed to enhance the Resource Model and extend the project life at key sites within the Jervois Project. The program successfully confirmed depth extensions in established deposits and identified additional near-surface resources with potential for open-pit mining. The discovery of significant copper, lead-zinc, and silver mineralization, particularly at Reward, Reward East, and Bellbird North, underscores the project’s growth potential and supports the company’s ongoing efforts to expand its resource base.
More about KGL Resources Limited
KGL Resources Limited is a company operating in the mining industry, primarily focused on the exploration and development of mineral resources. The company is engaged in extracting copper, lead-zinc, and silver, with a significant emphasis on expanding its Jervois Project, which includes deposits like Reward, Rockface, and Bellbird.
YTD Price Performance: -6.78%
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $42.02M
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