KGL Resources Limited (AU:KGL) has released an update.
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KGL Resources Limited has enhanced the Measured Resource at their Jervois Project, with a significant portion now classified as ‘Measured’, indicating increased confidence in resource estimates and potential for expanded mine life. The company’s 2024 drilling program has yielded high-grade copper at Rockface Deeps, with geophysical analysis suggesting further mineralization at depth. Additionally, KGL has appointed a new CEO, Philip Condon, and announced a capital raising entitlement offer to fund ongoing project developments.
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