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ASX:KWR

Kingwest Resources Ltd

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Market:
ASX
Market Cap:
$27.08 m
Price
0.13 AUD
Change
-3.70%
52 weeks high
0.25
52 weeks low
0.06

In brief

Kingwest Resources Ltd (ASX:KWR) is a mining and exploration company engaged in advancing its gold projects into production as well as discovering new gold resources in its highly prospective projects in the Eastern Goldfields region of Western Australia.

The flagship Menzies Gold Project (MGP) is one of Western Australia’s major historical goldfields and covers a contiguous land package over a strike length of more than 15 kilometres.

The MGP has recorded historical production of 643,200 ounces at 22.5 g/t gold from underground between 1895 and 1943 plus 145,000 ounces at 2.6 g/t open cut between 1995 and 1999, for a total of 787,200 ounces at 18.9 g/t.

Snapshot

  • Kingwest Resources soars as initial aircore results reveal Lake Goongarrie gold discovery
  • Kingwest Resources acquires 100% of Menzies project as it fields further high-grade gold results
  • Kingwest Resources talks significant new gold discovery under Lake Goongarrie

Insight Widest with the analysis, Proactive gives perspectives that others don't.

Kingwest Resources acquires 100% of Menzies project as it fields further high-grade gold results

The company recently released an economically robust scoping study for Menzies Gold Project based on an open pit mining and third-party toll treating arrangement.

on 25/3/21