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King River identifies new gold targets at Western Australia project

King River identifies new gold targets at Western Australia project

King River Resources has identified new gold targets at its Mindoolah project in Western Australia’s Murchison region.

Soil sampling found a peak reading of 231.8 parts per billion of gold at the Golden Gate prospect, near old mine workings and mapped quartz veins.

Elevated samples there averaged 21 parts per billion, compared with a background level of 2.

On the western side, the Le Soleil-Demagnetised corridor had readings up to 69.9 parts per billion, with elevated samples averaging 27.

The results are helping guide an 11,000-metre drilling campaign that is underway across the project.

Drilling has moved to the Le Soleil-Demagnetised target after work at the Excelsior open pit area was completed, and those samples are at a laboratory for testing.

The company says the new targets build on earlier drilling that found shallow, high-grade gold, but the soil results themselves do not establish whether gold deposits are present.

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What people are saying

Graham GadsbyKing River Resources managing director
The UltraFine+ soil program has delivered a valuable new layer of geochemical intelligence across Mindoolah, revealing clear spatial alignments between elevated gold, structural corridors, magnetic features, and key lithological contacts.
via SMH
On the eastern side, the high-grade 231.8 ppb Au result at Golden Gate highlights an exciting target immediately adjacent to historical workings and mapped quartz veining.
via SMH
All Excelsior samples are now in the laboratory for assay, and the rig has shifted to begin drilling at the Demagnetised target.
via SMH