King River Resources (ASX: KRR) progresses at Tennant Creek to drill Lone Star East

November 15, 2023 09:32 PM PST | By Sonal Goyal

Google News:

King River Resources (ASX: KRR) progresses at Tennant Creek to drill Lone Star East — Image source: Shutterstock

Recent News

Why Is OFG Bancorp (NYSE:OFG) Facing Volatility On The NYSE and S&P Re...

Is Babcock & Wilcox Enterprises (NYSE:BW) Reflecting NYSE Composite Se...

Is Danaher Corporation (NYSE:DHR) Price Volatility Reflecting Sector S...

Is La-Z-Boy (NYSE:LZB) Drawing Market Focus On NYSE and S&P 400 Follow...

Highlights

King River is eyeing to drill Providence - Lone Star East under the Tennant Creek exploration program.

The drilling rig and crew have been moved to the first location.

The company has identified multiple areas and targets of interest across its project area.

King River Resources Limited (ASX: KRR) has shared progress update for the exploration program across its Tennant Creek tenements.

The company informed that the drilling rig and crew have reached the first location for the Tennant Creek exploration program.

Drilling will commence at Providence – Lone Star East, a priority target. At this target, a complex geophysical/geological zone was discovered along strike of the Bluebird perseverance NW trending gravity anomaly. The identified zone lies along strike of the Blue Moon, Gigantic and Metallic Hill historic mines.

Target location (Image source: company update)

Multiple geophysics programs have been concluded over the region, resulting in several targets and areas along strike of geological and geophysical trends linked with old workings or known deposits of high-grade gold and copper.

The company has significant holdings of over 7,000km² in the in the contended Tennant Creek and Barkly region.

To know more, read here.

KRR shares traded at AU$0.016 apiece at the time of writing on 16 November 2023.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.