Kentor Gold
Full Kentor Gold profile here
Kentor Gold (ASX: KGL) is an Australian-based, emerging mid-tier gold company with advanced projects in Australia and the Kyrgyz Republic.
At Jervois in the Northern Territory where Kentor has a JORC Resource, the company is studying the feasibility of developing a large, high grade copper-silver Resource with potential for the production of gold and other base metals.
Kentor Gold aims to expand Gabanintha copper gold resource
Wednesday, January 04, 2012 by Christine Feary
Kentor Gold (ASX: KGL) is planning a reverse circulation drilling program at the Gabanintha Gold-Copper Project, Western Australia, in an effort to increase the existing gold JORC resource.
This will be part of a wider 20,000 metre reverse circulation drilling program that will begin this month at the nearby Burnakura Gold Project.
The decision to proceed with drilling Gabanintha follows the results from a September 2011 HeliTEM survey over some of the most prospective areas of the company’s tenements.
Several drilling targets were identified at Gabanintha, with modelling of these targets due to commence this month.
Modelling will allow Kentor to estimate the size and orientation of the targets to direct follow up drilling.
Kentor is targeting a n increase to Gabanintha’s existing Inferred Resource of 4.5 million tonnes at 1.4 grams per tonne (g/t) gold for 203,000 ounces of gold based on a 0.5g/t cut off.
Burnakura air core drilling
Kentor Gold recently reported results from a 60 hole air core drilling program at the Burnakura project.
The program targeted a magnetic structure interpreted to contain a repetition of the Burnakura Thrust zone, which hosts the series of pits where mining was previously undertaken.
Several low level anomalies were identified, with results including:
- 4 metres at 0.13g/t gold;
- 1 metre at 0.25g/t gold; and
- 9 metres at 0.1g/t gold.
These results will be followed up in the reverse circulation drilling program that starts this month.
It will include infill drilling to improve confidence in the areas of initial planned production.
Kentor aims to commence gold production at Burnakura during 2012.
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