Continues To Expand Talang Santo Deposit
Kingsrose Mining Limited (ASX: KRM) has received further positive drilling results from the Talang Santo deposit within its Way Linggo Project in Indonesia.
The results extend high-grade gold-silver mineralisation up to 175m down plunge of the current reported Mineral Resources.
Highlights included 5.8 metres at 13.6 g/t gold and 64.2 g/t silver(downhole) from 443.35 metres, 175 metres beneath the current reported Mineral Resources for Talang Santo
The hole included 0.5 metres at 120 g/t gold and 564 g/t silver demonstrating the occurrence of very high- grade mineralising events
CEO, Fabian Baker, said hole DDH-594 expands the plunging, high-grade gold zone identified in recent drilling, intersecting mineralisation 100 metres down plunge of previous DDH-590 which returned 4.2 metres at 11.98 g/t gold in January 2021, with mineralisation remaining open at depth and along strike
Mr Baker said the company is reviewing these results, and developments from its ongoing regional exploration programme in order to plan the next phase of drilling within the Way Linggo Project.
“Our approach to exploration is now aimed at discovering a gold resource of scale,” Mr Baker said.
“As such, we have stepped the drilling out further than previous programmes and it is encouraging that we continue to expand known mineralisation at Talang Santo well beyond the limits of the current Mineral Resource Estimate.
“The presence of very high-grade mineralising events including 0.5 metres at 120 grammes per tonne gold and 564 grammes per tonne silver in drill hole DDH-594 demonstrates the significant potential for further discoveries within our 100 square kilometre Contract of Work, where we are currently conducting a large ongoing exploration programme.”
