King River Assets Ltd (ASX: KRR) is happy to supply the next replace on outcomes for the 2024 drilling at Kurundi Foremost prospect. Drilling centered on extending beforehand found excessive grade gold mineralisation (reported in 2022) and testing various structural positions recognized in detailed drone magnetics accomplished in 2023 (KRR ASX: 28 June 2024). Vital outcomes have been returned (Determine 1) together with the invention of a brand new excessive grade gold zone 250m south of the central essential workings with finest results of:
- TTRC098: 9m @ 1.62g/t Au from 49m together with 1m @ 12.75g/t Au from 53m.
Different high-grade outcomes embody:
- TTRC103: 3m @ 8.3g/t Au from 35m together with 1m @ 16.25/t Au from 36m on the central essential zone.
- TTRC092: 5m @ 2.14g/t Au from 38m together with 1m @ 6.39g/t Au from 40m on the central essential zone.
- TTRC110: 2m @ 5.11g/t Au from 44m together with 1m @ 6.33g/t Au from 45m on the northern workings
Additionally, a attainable new model of mineralisation on a porphyry-basalt contact, footwall to the central essential mineralized zone has been recognized (requires additional investigation – see Central Goal Space part under) with an intersection of:
- TTRC103: 2m @ 10.93g/t Au from 51m together with 1m @ 20.75g/t Au from 51m.
All intersections are said as down gap widths that are near true width for the Kurundi Foremost construction. A second part of drilling has commenced to check the brand new southern high-grade zone and proceed exploring the opposite Kurundi Foremost targets.
Determine 1: Kurundi Foremost Prospect 2024 drilling (blue dots) with finest new outcomes (yellow labels). 2022 drilling proven as black dots.
A complete of 28 RC holes for 1,986m have been accomplished (outcomes listed in Desk 2) testing 3 essential targets: (1) northern and southern extensions of the Kurundi construction as much as 1km from the central essential workings, (2) testing the plunge of the central high-grade shoot intersected in 2022 drilling, (3) testing mineralisation deeper below the central essential workings.
Central Goal Space:
Drilling has confirmed a southerly plunge to the central essential excessive grade gold mineralisation recognized in 2022 drilling with TTRC0103 and TTRC092 intersecting excessive grade gold mineralisation (Determine 2). Additionally, TTRC103 intersected an surprising excessive grade gold zone of mineralisation footwall to the central essential zone, on the contact between the basalt host rock and a porphyry intrusive unit (cross part in Determine 3). Because of the lack of construction and alteration being seen within the drill chips the outcome was initially perceived as a sampling error (2 composite samples from this interval returned anomalous outcomes). Nevertheless, re-assaying of the pulps adopted by resampling at 1m intervals confirmed the presence of gold mineralization and eradicated attainable sampling and laboratory errors. This attainable new model of mineralisation shall be investigated totally with reinterpretation, drill gap relogging, multi factor evaluation, petrography and drilling to grasp attainable orientations, additional focusing on and to remove the potential of down gap contamination of samples through the drilling of TTRC103.
Within the Central Goal Space KRR’s earlier 2022 drilling solely examined to a vertical depth of 40m. 4 new holes have now been drilled to check a vertical depth of 65m. All holes intersected robust construction, alteration and veining confirming the continuation of the central goal zone at depth. TTRC105 intersected a broad zone of veining and alteration and returned 10m @ 0.32g/t Au together with 1m @ 0.98g/t Au from 68m with mineralisation open at depth and to the south, proven within the lengthy projection under (Determine 2). The presence of robust veining and shearing at depth throughout the strike of the central zone could be very encouraging for additional, deeper drilling.
Determine 2: Lengthy projection of the Central Foremost Kurundi mineralized zone beneath the central workings space. View is perpendicular to the primary vein which dips roughly 35o in the direction of 215o. New outcomes proven in yellow containers, 2022 outcomes proven in gray containers, gentle purple field is for the footwall intersection.
TTRC112 was drilled to check a resistivity anomaly recognized by 2023 DDIP survey (KRR ASX: 28 June 2024) nevertheless no trigger for the resistivity anomaly was recognized.
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