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Kingwest Resources scores positive gold drilling results at Menzies

Kingwest Resources Ltd (ASX:KWR) managing director Ed Turner updates Proactive on results received from shallow drilling at the Menzies Gold Project in Western Australia.

Turner said the company was about halfway through a 10,000-metre resource definition program after receiving the first batch of assays for 35 holes earlier this week.

He said: “Every other hole intersected high-grade mineralisation, so we’re very happy with those results.”

A further 58 RC holes are planned as well as around 3,000 metres of exploration drilling at various Menzies targets, which is targeted for completion by the end of the year.

Quick facts: Kingwest Resources Ltd

Price: 0.165 AUD

Market: ASX
Market Cap: $25.36 m

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