King River Resources Limited (AU:KRR) has released an update.
King River Resources Ltd reported promising initial drilling results at the Providence Prospect in the Tennant Creek region, with the discovery of structural and alteration styles akin to nearby high-grade copper and gold IOCG deposits. Despite heavy rain delays, the company completed 18 holes over 2,790 meters and is part of a larger $2M drilling initiative targeting areas with potential for significant mineralization. The drilling confirmed the presence of Warramunga formation rocks and a significant ironstone structure associated with the main gravity anomaly.
For further insights into AU:KRR stock, check out TipRanks’ Stock Analysis page.
