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Kingwest Resources to test high-grade targets at Menzies Gold Project

The company has completed 14 reverse circulation pre collars at the Menzies Gold Project and a diamond drilling program is underway.

Kingwest Resources Ltd - Kingwest Resources to test high-grade targets at Menzies Gold Project
The diamond drill rig is scheduled to arrive at the Menzies Gold project today

Kingwest Resources Ltd (ASX:KWR) is set to test high-grade targets at the Menzies Gold Project in Western Australia following the completion of 14 reverse circulation (RC) pre-collars.

On March 11 the company developed the Yunndaga (Princess May Lode), Lady Shenton Lode and First Hit exploration targets. 

A diamond drilling program is designed to test these systems, with the drill rig scheduled to arrive on site today and begin drilling tomorrow. 

Around 14 RC pre-collars and 10 RC holes have recently been completed for 3,402 metres at three targets areas.

Assay results for the RC holes are pending with full details on completed holes to follow, along with assay results in two weeks.

Reverse circulation drill rig in the foreground completing pre-collars for deep diamond drilling

Kingwest anticipates that this program (around 4,600 metres) will take 7 to 8 weeks to complete.

Menzies-Goongarrie resource update

Earlier this month the company increased the Menzies-Goongarrie resource to more than 250,000 ounces of gold.

Kingwest updated the Lady Harriet – Bellenger - Warrior System and Selkirk prospects at the project to 233,000 ounces while the Menzies – Goongarrie combined total increased to 258,366 ounces.

At the time chief executive officer Ed Turner said: “We are very pleased to continue to increase our near surface gold resources whilst targeting deeper higher-grade resources.”

Quick facts: Kingwest Resources Ltd

Price: 0.145 AUD

Market: ASX
Market Cap: $17.68 m

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