Kentor Gold to move to Pre-Feasibility study with high grade copper resource at Jervois

Kentor Gold (ASX: KGL) has progressed the recently acquired Jervois Base metals project in the Northern Territory forward quickly, with a maiden Inferred Resource of; 8.8 million tonnes at 1.3% copper and 26.7 grams per tonne (g/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 already targeting depth and strike extensions through ongoing drilling.

A total of four deposits were subject to the resource estimates, Reward, Green Parrot, Bellbird and Bellbird North, which form part of a series of narrow, strata-bound, subvertical sulphide-rich deposits hosted by the Lower Proterozoic Bonya Schist Formation (1807Ma), of the Arunta Inlier.

Simon Milroy, managing director, commented "This is an excellent result. The copper resource was limited to a depth of just 200 metres below surface.

"However, we have strong indications from previous drilling that the ore body continues at depth and along strike."
Better still for the company, all of the identified resources are located on granted mineral leases and mineral claims.

Diamond drilling is now taking place in the deeper areas targeting a resource upgrade later this year.
Importantly - the first two diamond holes of an eight hole program have intersected thicknesses of massive sulphides.

In conjunction with the current diamond drilling campaign, Kentor is also conducting an extensive metallurgical testing program on each of the major deposits at Jervois.

Kentor has already identified the potential to increase the subsection of the lead-zinc-silver mineralisation within Green Parrot, comprising; 1 million tonnes at 2.6% lead, 2.2% zinc and 73g/t silver, as only 30% of the previous drilling was analysed for gold.

This provides the intriguing possibility to include gold in the resource estimate, which Kentor intends to do in the future.

Originally published at: http://www.proactiveinvestors.com.au/companies/news/17626/kentor-gold-to-move-to-pre-feasibility-study-with-high-grade-copper-resource-at-jervois-17626.html