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King River Copper strikes bonanza grade gold at Mt Remarkable

Visible gold was intersected in drilling at the Trudi Vein.
gold in a pan
Gold tail in pan

King River Copper Ltd (ASX:KRC) is continuing its gold exploration streak at the wholly-owned Mt Remarkable Project, 200 kilometres south west of Kununurra in the East Kimberley of Western Australia.

Fine visible gold has been observed in the latest holes at the eastern end of the current reverse circulation drilling grid of the Trudi Vein.

Drilling highlights from visible gold intercepts include:

• 4 metres at 113.29 g/t gold, including 1 metre at 346 g/t gold; and
• 3 metres at 34.8 g/t gold, including 1 metre at 50.5 g/t gold.

The first batch of results confirm multiple plunging high-grade shoots forming a core to the main Trudi mineralised zone.

Best results include 3 metres at 22.31 g/t gold, 3 metres at 9.84 g/t gold and 6 metres at 4.01 g/t gold.

As a reminder, last year the Trudi vein revealed 11 metres at 27.9 g/t gold.

More results to flow

A total of 46 holes for 1,600 metres have been completed so far, with today's assays from the first 650 metres of drilling.

Assays are pending for the rest of the holes drilled to date.

The current program is a close spaced reverse circulation grid with drill intersections aimed at a five metre spacing.

This is designed to test and delineate the trend of high-grade gold mineralisation and identify other nearby high-grade shoots.

Drilling will also provide insight into mineralisation controls and assist with future targeting of high grade mineralisation.

More diamond holes to be drilled

Four diamond drill holes are planned to be drilled mid-June to provide structural information on the current high-grade zones.

King River said that it is interpreted that the plunge component is structurally influenced by the intersection of the Trudi Vein with the Grahame Vein which is plunging to the east.

Exploration drilling of the undrilled eastern extents of the vein is planned later in the program.

The company is targeting additional new high-grade gold shoots.

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