KGL Resources Limited (ASX:KGL) (OTCMKTS:KGOLF) continues to intercept high grades at Bellbird. The balance of outstanding oxide drilling assay results for Bellbird have now been received and confirm the high grade nature of the mineralisation with significant results
KGL Resources Limited (ASX:KGL) (OTCMKTS:KGOLF) announce that drilling of near surface copper mineralisation at the Rockface prospect has further defined two zones of mineralisation along the Rockface trend with mineralised intercepts
In a strong cash position, KGL Resources Limited (ASX:KGL) (OTCMKTS:KGOLF) extended its intensive exploration drilling activity during the June quarter at the Jervois copper-silvergold project in the Northern Territory.
KGL Resources (ASX:KGL) report near surface drilling at Jervois encounters up to 50.9% lead in a 6m interval averaging 37.7% lead and 551g/t silver Drilling of near surface mineralisation at the Reward deposit encountered high grades of lead mineralisation previously reported that exceeded the assay method limit of 20% lead.
Investor and industrial consumption of silver has advanced at a healthy pace in 2014, reflected in the silver price increasing 5 percent as of July 15 from the beginning of the year.
Maersk Oil, a wholly owned subsidiary of Copenhagen's AP Moller-Maersk AS, has decided to write off US$1.7 billion of investments in the Wahoo and Itaipu oil fields, while divesting its ownership in the Polvo field.
KGL Resources Ltd (ASX:KGL) provides the latest Investor Presentation: High grade Cu-Ag project with mineral resource of 13.5 Mt @ 1.3% Cu, 25.8 g/t Ag and 69,000 oz Au; Fully funded programs; 30,000 metres drilling completed; Resource Upgrade August 2014; PFS September 2014.
