Sign up Australia
Proactive Investors - Run By Investors For Investors

King River Copper a leading ASX gainer with shares up 31%

Investors support the company’s multi-element strategy with more than 21 million shares traded today.
ASX chart with arrow pointing up
The company has this week had strong vanadium test work results

King River Copper Ltd (ASX:KRC) was a leading ASX gainer today, up almost 31% to an intra-day high of 12.5 cents on strong volume of more than 21 million.

Earlier this week the company reported successful hydrometallurgical tests on ore from the Speewah project in the East Kimberley region of Western Australia.

READ: King River Copper test work yields 99.51% vanadium

The tests, which are part of the company’s vanadium concept study into the production of vanadium, titanium and iron, produced a high-purity vanadium pentoxide powder assaying 99.51%.

Other products targeted in the test work include standard grade vanadium pentoxide flake grading >98%, titanium dioxide products grading >99%, iron oxide hematite, and vanadium electrolyte.

Future test work will aim to improve upon these positive results.

Scoping work is also underway on the fluorspar resources at Speewah.

READ: King River Copper drills further high-grade and visible gold at Mt Remarkable

King River has recently recommenced gold exploration at the Mt Remarkable project with high-grade, shallow intersections returned from drilling.

View full KRC profile View Profile

King River Copper Ltd Timeline

Related Articles

An aircore drill rig at the GT6 prospect of the Pinnacles Gold Project
April 19 2018
Nexus has only scratched the surface in seeking out a Karari-style deep plunging ore body.
September 13 2018
The vanadium price is riding high, and so is Bushveld Minerals
July 17 2018
The hard rock collaboration agreement with Omnia Mining has sent channel samples and rock chips for assay sampling.

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use