KGL Resources Ltd
KGL Resources Limited is an Australia-based mineral exploration and development company.
The business
KGL Resources Limited is an Australia-based mineral exploration and development company. It is focused on developing and constructing the high-grade Jervois Copper Project mine in the Northern Territory, Australia. The Jervois Copper Project is located on existing mineral leases and benefits from road access to Darwin and Alice Springs by the Stuart and Plenty Highways, being 380km by road, east-north-east of Alice Springs. The Company also holds two exploration licenses at Yambah, 60km north and northeast of Alice Springs, because of the similarity of the style and age of the mineralization to Jervois, which is 150km to the east. The Yambah project is located in the Aileron Geological Province of the Arunta Region, part of the North Australian Craton. The Company also holds the Unca Creek tenement, which is adjacent to the Jervois Copper Project and Mount Cornish tenement which is located 20 km south of Jervois Project within the East Arunta Orogenic Domain.
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Latest news
KGL Resources unveils high-grade copper hits at Jervois project and new CEO named
KGL Resources (ASX: KGL) has completed an exceptional news week with the release of high-grade copper intersections at the Jervois Copper project in the Northern Territory and the appointment of a new chief executive officer. The current Rockface drilling program has been successful in targeting an expansion of the resource at the high-grade deposit, with […]
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Goldman Sachs raises 12 month copper price target to US$10,500/t
At the moment, nothing seems to be able to stop the rush into copper. With a poor recent record of major new discoveries combined with the explosion of electric vehicle manufacture and copper’s other electricity applications, the metal is in the box seat. This was shown by its price hitting a 10-year high last Friday, […]
KGL Resources revises mineral resource estimate at Jervois copper project
A corporate decision four years ago to focus on improving resource quality before proceeding to development has paid dividends for KGL Resources (ASX: KGL) at its Jervois copper project in the Northern Territory. The resource-building strategy – triggered by shareholders after the company’s 2016 annual general meeting – has delivered significant increases to the copper content and […]
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