"Kings states that it considers the drill results to be comparable in grade and width to a number of shallow historical holes that were drilled at Kalman in the 1990’s but which are now understood to have been drilled into the halo of the deposit. In summary it considers the results are a strong indication that economic mineralisation may be found at depth.
This work is considered to have considerably progressed exploration within the Kalman South joint venture, generating a range of new drilling targets and enhancing the potential for further discoveries."
SMD Price at posting:
24.3¢ Sentiment: Buy Disclosure: Held
