KGL Resources Ltd

KGL Resources (ASX:KGL) is pleased to announce that reverse circulation (RC) and diamond drilling at Jervois has continued to extend high-grade mineralisation.

KGL Resources (ASX:KGL) has now wrapped up an 11,000 metre drilling program from its Jervois copper-silver-gold project in the Northern Territory.

During the quarter, KGL Resources Limited (ASX:KGL) made good progress in optimising the economics of the Jervois Copper Project, building on the pre-feasibility study finding that the project is technically and commercially feasible.

KGL Resources Limited (KGL) has acquired two additional exploration licences in the Northern Territory for a cash payment of $20,000. Tenements E28340 and E28271 comprised part of Mithril's Yambah Project located 50km north of Alice Springs.

The pre-feasibility study of KGL Resources Limited's (ASX:KGL) Jervois Copper Project in the Northern Territory completed in December 2014 found Jervois to be a viable project with strong upside potential from additional drilling and metallurgical work.

KGL Resources (ASX:KGL) is pleased to announce that reverse circulation (RC) drilling at Bellbird has continued to extend high-grade mineralization with significant results from this program.

KGL Resources Limited (ASX:KGL) announce the latest Investor Presentation containing a mineral resources update

KGL Resources (ASX:KGL) is pleased to announce that diamond drilling at Marshall, Reward, Green Parrot and Bellbird has confirmed shallow, high-grade mineralisation and provided material for further metallurgical test work.

KGL Resources Limited (ASX:KGL) has commenced a nine hole diamond drilling program to obtain geotechnical data for the two largest pits Marshall-Reward and Bellbird South. This will assist in further optimising the final pit designs for the Pre-Feasibility Study.

During the quarter, KGL Resources Limited (ASX:KGL) announced that the prefeasibility study (PFS) of the Jervois copper project in the Northern Territory had shown Jervois as a technically and commercially feasible project with strong upside from additional planned drilling and metallurgical work.