News Articles for King River Resources

This week's appointments include Veronica Jeffery, Kylie Groves, Marisa Orr, Tim Fraser, Ben Jones, Graham Gadsby and more.

Graham Gadsby, former Spartan Resources chief geologist behind its Never Never and Pepper discoveries, has been named King River's new MD to lead high-grade gold exploration at Tennant Creek and Mt Remarkable. The former Spartan Resources geologist brings a wealth of experience to the new role.

King River Resources has unearthed more high-grade gold at its Kurundi project in the Northern Territory and is preparing to drill two iron oxide copper-gold targets at its Kuiper prospect this month. The company is working through a pipeline of drill-ready targets across its 5000 square kilometre Tennant Creek landholding, following earlier standout hits and geophysical success.

King River Resources has acquired a new exploration licence, which encloses its Kurundi gold prospect in the Northern Territory and includes possible north-westward extensions from the Kurundi targ

King River Resources has wrapped up the sale of its Speewah critical minerals project in WA's rugged Kimberley to NT resources firm Tivan Ltd. The sale was initiated two years ago for a mix of cash and shares worth $20 million. The deal was restructured in February last year, resulting in a $2.4m payment last December with no further shares to be issued.

King River Resources has revealed a set of eye-catching assay results up to 26 grams per tonne (g/t) gold from shallow drilling at its Kurundi gold project near Tennent Creek in the Northern Territory. The phase 2 drilling program at Kurundi consisted of 36 RC holes for 2,472m designed to look for new mineralised structures and extensions up to 1.5km from the main workings at Kurundi.

King River Resources has received the final $2.4m cash payment owed by Darwin-based Tivan Limited for its acquisition of King River's Speewah critical minerals project in WA's Kimberley region, as part of a $20m consideration.

King River Resources has discovered two new zones exhibiting high-grade gold from its phase-one, 28-hole reverse-circulation drill program at the company's Kurundi project in Australia's top-end. A phase-two campaign is already underway to further interrogate the new finds, with one zone sitting in the Kurundi Main Central target area and the other about 250m to the south.

King River Resources has intersected significant geochemical anomalies from recent drilling at its Langrenus and Providence prospects that sit within the company's Tennant Creek East project in Australia's Top End. The drill campaign is part of a $2 million spend to follow up geophysical targets generated from last year's program and encountered anomalous gold, copper, silver, antimony, bismuth and cobalt.

King River Resources has punched 68 reverse-circulation (RC) holes for 7998m into its Tennant Creek East and Kurundi projects that sit near the town of Tennant Creek in Australia's Top End. The $2 million drilling campaign has been designed to also test a range of new targets generated from an intensive geophysics program that was completed last year.

King River Resources is set to unleash the drill bit in a new campaign designed to home in on high-grade gold targets at its Tennant Creek project in the Northern Territory following detailed interpretations of geophysical studies. The 1600m reverse-circulation drilling program will test newly-identified gold targets at the company's promising Kurundi operation at Tennant Creek.

King River Resources has completed 11 reverse-circulation drillholes for 1824m at two of the company's Langrenus gold targets within its Tennant Creek project in the Northern Territory and has sent some 1300 samples away for assay. Management now plans to move the rig to its Commitment deposit, then back to Langrenus to test the orientation of a new quartz-haematite target.

King River Resources has pocketed a timely R&D tax rebate of more than $361,000 as it ramps up spending on a 10,800m reverse-circulation drill program at its prospective Tennant Creek East copper-gold project in the Northern Territory. The program, which kicks off this week, was delayed for several months due to flooding rains, but will now test 13 prospects at the company's Top End projects.

The heavens have finally closed over King River Resources' ground in the Northern Territory and it has declared itself open for drilling business for copper and gold at the many prospects within its Tennant Creek East project. The reverse-circulation drill program, delayed for several months due to flooding rains, is planned for 10,800m at 13 prospects within three of the company's Top End projects.

King River Resources has revealed promising geochemical anomalism at its Providence target that lies along strike from a highly-regarded copper operation in the heart of Australia's Northern Territory. The company says the anomalism could be related to the style of Tennant Minerals' Bluebird-Perseverance deposit that has thrown up results including 61.8m at a grade of 2.3 per cent copper.

King River Resources is set to kick off a new drill campaign at its Tennant Creek East project in the Northern Territory as part of a $2 million commitment to hunt for high-grade copper-gold this year. Drilling will target the promising Commitment, Langrenus and Providence prospects, all in proximity to several head-turning copper-gold drill intersections recorded in recent years in the highly-regarded Tennant Creek region.

Perth-based explorer King River Resources is on the hunt for high-grade gold in elephant country in Australia's Top End. It has plenty of cash and a gaggle of lucrative-looking targets begging to see a drill bit. With miners selling gold at record highs, King River's focus on Tennant Creek in the NT, an area that has historically pumped out millions of gold ounces, is timely.

King River Resources is set for a big 2024, with 20,000m of drilling planned for 12 priority targets at its Tennant Creek gold project in the Northern Territory after running an extensive geophysics campaign this year. The company has set aside $2.5 million for the program, which includes 17 reverse-circulation (RC) holes already completed for 2790m at its Providence prospect.

Subiaco-based explorer Tivan is finalising a $20 million acquisition of King River Resources' vanadium and titanium project in the Kimberley.

King River Resources has outlined a conceptual development plan for an open-cut mining operation as it draws up plans for production at its Speewah vanadium project in the Kimberley region of Western Australia. With the largest vanadium-in-magnetite deposit based on tonnes and vanadium pentoxide content in the country at Speewah, King River says the open-cut mine will be scaled to five million tonnes per annum of ore to feed an on-site processing plant to produce high-grade magnetite concentrate.

King River Resources has continued its winning run with gold exploration at the company's Tennant Creek project in the NT with rock chip samples up to 49.5 grams per tonne gold found near its Kurundi prospect. The company has also recorded positive copper and silver results after analysis of assays from its recent RC drill program at the prospect.

King River Resources has returned high-grade results from RC drilling at its Tennant Creek gold project in the Northern Territory, including one hole recording a 1 metre intersection going 35.26 grams per tonne. A total of 34 holes were drilled at the project's Kurundi Main prospect where rock chip samples returned multiple results between 10 and 17g/t gold along a previously undrilled 2km trend.

King River Resources will begin RC drilling at its Tennant Creek gold project in the NT at the weekend, focusing on the Kurundi Main prospect where recent rock chip samples returned gold hits. Multiple samples at the prospect returned results of up to 17.25 grams per tonne gold along a 2km mineralised trend that has never been explored.

King River Resources says salt roast test work with Murdoch University has delivered exceptional first-pass extraction results of up to 92 per cent vanadium concentrate using ore from its Speewah deposit in the Kimberley region of WA. The company is currently hammering away on a new green process flowsheet to produce high-purity vanadium pentoxide, vanadium electrolyte, titanium dioxide and metallic iron from the deposit.

Well-known for its vanadium and gold, King River Resources is heading into the high purity alumina space, hoping to cash in on Federal Government's addition of HPA to its critical minerals list. The company says it has made economic and environmental improvements in its process to produce 4N HPA to meet projected strong demand driven by its critical role in the manufacture of LEDs and lithium-ion batteries.

Murdoch University's Hydrometallurgy Research Group has kicked off a research project that will look to develop a new roasting process for ASX-listed King River Resources' massive Speewah vanadium, titanium and iron deposit in WA's Kimberley region. Speewah boasts a cocktail of metals including high purity alumina that are part of the new energy and battery revolution.

King River Resources has identified a flurry of new economic and environmental improvements during its ongoing definitive feasibility study for its type 1 high purity alumina precursor processing plant. The type 1 aluminium salt precursor has shown a 5N level or 99.999 per cent purity and is considered an essential ingredient in the battery manufacturing industry.

King River Resources will pick up a hefty $452,831 rebate from the federal government for research and development costs spent developing its high purity aluminium precursor compounds for application in the flourishing lithium-ion battery industry. Using the company's proprietary “ARC” processing technology, three separate trials of a newly commissioned lab scale pilot plant have delivered a “Type 1” precursor aluminium salt at more than 99.999 per cent purity.

ASX-listed King River Resources is progressing its High Purity Alumina Project towards a May 2022 delivery of a definitive feasibility study for the proposed 2,000 tonne per annum HPA production facility. The company says global HPA demand is expected to grow at 30 per cent per annum until at least 2028 with high demand spread across the LED lighting, semiconductor and electronics, optics and battery industries.

King River Resources has shored up its high purity aluminium precursor compounds in a bid to supply the increasing demand from the lithium-ion battery industry. A fourth run through of the company's proprietary “ARC” processing technology using its newly commissioned pilot plant has now surpassed original expectations consistently creating a “Type 1” precursor aluminium salt grading exceeding an incredible 99.999 per cent purity.

King River Resources has upped the ante in its quest to produce high purity aluminium precursor compounds to feed the flourishing lithium-ion battery industry. Using the company's proprietary “ARC” processing technology, a second and third run of a newly commissioned laboratory scale pilot plant has now delivered a “Type 1” precursor aluminium salt going more than 99.999 per cent purity.

King River Resources' newly commissioned laboratory scale pilot plant is off to a flying start after it delivered an ultra-high purity aluminium precursor compound for application in the lucrative lithium-ion battery industry. The company says an inaugural run of the plant using its proprietary “ARC” processing technology delivered a 99.9995 per cent purity “Type 1” precursor product.

ASX-listed, King River Resources has upped the ante in its push to produce high value aluminium precursor compounds used in lithium-ion batteries. Laboratory test work on the company's already developed 5N purity Type 1 precursor has now added to King River's repertoire of products with development of a Type 2 precursor - an aluminium compound for use in lithium-ion battery cathodes.

Reconnaissance sampling by ASX-listed, King River Resources has unveiled elevated levels of gold, copper and silver from several areas scattered along more than 150km strike of the prospective Whitewater Volcanic rocks. Located at the company's Mt Remarkable tenure in the Kimberley region of WA, grades going as high as 7.01 grams per tonne gold and 2.3 per cent copper were returned.

King River Resources has made a key appointment to lead its newly formed High "Purity Metals Division" as the company looks to lay the groundwork for building a processing plant for high purity alumina in Kwinana. According to the company, newly appointed CEO, Doug Flanagan has a pedigree in delivering base and precious metal projects, rare earths and oil and gas projects in Australia, Zambia, Malaysia and Central and North America.

King River Resources has signed a Participant Agreement with the Future Battery Industries Cooperative Research Centre. The $120 million Australian organisation provides industry-led research and seeks to grow Australia's competitiveness and contribution in the global battery industry value chain. King River will now brush shoulders with about 60 other members of the alliance, including heavyweights BHP, IGO and the Federal Government.

King River Resources has taken a big step in its ambitions to build a processing plant for high purity aluminium with the go-ahead for a definitive feasibility study on a facility at Kwinana to produce precursor aluminium compounds to feed the lithium-ion battery market. The project is a reduced version of the original plan for a full-scale HPA plant.

King River Resources says it is re-evaluating its DFS strategy that is currently considering large-scale production of high purity alumina at a manufacturing plant in Kwinana in WA. The company will now also look to leverage its proprietary processing technology to consider an initially smaller scale operation only producing high value aluminium precursor compounds used in lithium-ion batteries in order to slash the capital and operating costs of the venture.

King River Resources says it has uncovered new, potentially gold-bearing quartz veins following an initial rock chip sampling program across its Mt Remarkable regional tenement holdings in WA. The company says the epithermal quartz veining with indications of gold mineralisation – such as adularia, malachite and oxidised sulphides – was identified in five different areas on the back of 88 rock chip grab samples collected during the first-phase helicopter reconnaissance work.

King River Resources has delivered several batches of a 5N high-purity precursor compound used to produce 4N high-purity alumina through its innovative and proprietary ARC process. The company plans to become a producer of 4N high-purity alumina and has launched a definitive feasibility study into its proposed operation at Kwinana in Western Australia after tabling some stellar numbers in a recent pre-feasibility study.