Kentor Gold (ASX: KGL) has intersected some encouraging results north of the known resources at the Bellbird prospect, and south of those at Bellbird North, which are hosted within the Jervois project in the Northern Territory of Australia.
The highlight from reverse circulation drilling was; 6 metres at 3.18% copper, 23.55 grams per tonne (g/t) silver and 0.45g/t gold from 59 metres.
Most importantly for the prospectivity of the project - this intersection was from exploratory drilling.
Simon Milroy, managing director, told Proactive Investors today that the significance of the results is that they provide the company with a new area at the project to explore with deeper drilling.
"The copper hit is not into a known orebody, and therefore has the potential to be the beginning of a new mineralised system.
"The company is currently undertaking deeper diamond drilling into known ore bodies, with the last of the drilling to finish in the second week of September."
In total there is around 1800 metres of diamond drilling results pending from several prospects at Jervois, including Green Parrot, which are expected by the end of September - providing an anticipated news flow for the company in the short term.
Jervois JORC Resource
The maiden Inferred Resource at Jervois announced in July was; 8.8 million tonnes at 1.3% copper and 26.7g/t silver.
Hellman & Schofield conducted the review, which provides 113,000 tonnes of contained copper and 7.6 million ounces of contained silver.
Kentor is also studying the feasibility at Jervois of developing a large, high grade copper silver resource, with the potential of producing gold and base metals.
Originally published at: http://www.proactiveinvestors.com.au/companies/news/19137/kentor-gold-delivers-6m-at-318-copper-from-exploratory-drilling-at-jervois-19137.html
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