News Articles for King River Resources

King River Resources has extracted up to 97% vanadium in heated sulphuric acid vat leaching metallurgical test work on mineral concentrates from its massive Speewah specialty metals project, located near Kununurra in the Kimberley region of WA. The company previously stated that the results support an alternative ore processing route for its flagship project that could drastically lower capital and operating costs.

King River Resources has recovered up to 92% vanadium in heated sulphuric acid vat leaching metallurgical test work on coarse lump ores from its massive Speewah project, located near Kununurra in the Kimberley region of WA. The company says the encouraging results support the development of an alternative ore processing route for its flagship vanadium project that could drastically lower capital and operating costs.

King River Resources has discovered another high grade gold zone at its Mt Remarkable project, near Kununurra in WA. The 4m intersection at 19.88g/t gold from 21m down-hole, includes a metre at 69.3g/t gold from 21m. The same zone returned 2m @ 10.47g/t gold from 33m down-hole and 3m @ 4.29g/t gold from 27m down-hole in separate drill holes down-dip of the wider zone.

King River Resources, formerly King River Copper is focusing on an alternative development plan centred on the use of acid leaching for its giant Speewah vanadium project in the east Kimberley region of WA. This has the potential for capital and operating costs savings whilst increasing and diversifying product outputs and revenue opportunities.

King River Copper has put a $2 billion-plus price tag on its Speewah vanadium project near Kununurra, while TNG has appointed German group SMS to complete an engineering study for its vanadium project in the Northern Territory.

King River Copper has reported encouraging recoveries of vanadium, titanium and iron from separate programs of metallurgical test work underway on ore composites from its flagship Speewah project, located in the Kimberley of WA. The company is seeking the most commercially viable processing route for the ores and to determine the suite of downstream products it can technically generate for the market from the massive project.

King River Copper's Mt Remarkable project near Kununurra is continuing to live up to its name with recent drilling unearthing a new, 9m long high grade gold zone going 2.78 grams per tonne gold from 45m down-hole including 1m @ 12.45g/t gold. Step out drilling to the east also returned 5.76g/t gold, confirming the company's belief that multiple high-grade zones exist on the Trudi vein.

King River Copper has completed a scoping study that demonstrates the potential for its Windsor project in Western Australia's East Kimberley region. Windsor is potentially the only major fluorite deposit in Australia and according to King River's latest scoping study, it is capable of producing positive cashflows .The company is now proceeding with a pre-feasibility study that will allow it to report ore reserves and an economic analysis.

King River Copper has reported another outstanding gold drill result from a narrow, but ultra-high grade vein at its Mt Remarkable gold project near Kununurra in W.A. The intersection of 6m @ 60g/t gold from 24m down-hole, included an exceptional, 0.3m @ 354g/t gold from just 24.7m. Additionally, the company said that scoping study results for its separate Speewah vanadium and fluorite projects will be reported by month's end.

King River Copper has announced further outstanding drilling results from the narrow, but high grade Trudi Vein at its Mt Remarkable gold project near Kununurra in W.A. Several intersections returned bonanza grades near surface at the intersection with the Grahame Vein. The best result was 4m @ 36.77 g/t gold from 7m down-hole, including 1m @ 70.9g/t from 9m. Exploratory drilling is ongoing at the property.

King River Copper has announced outstanding results from hydrometallurgical test work completed on its flagship Speewah vanadium/titanium deposit, south of Kununurra in W.A. The company reported that it had managed to produce the coveted grade of 99.51% pure vanadium pentoxide. The test work is examining a new direct leaching-precipitation method to make premium vanadium, titanium and iron products from the Speewah deposit ores.

King River Copper is awarding shareholders with one free option with an exercise price of $0.12c and an expiry date of the 31st of July 2020 for every three shares that they hold. More than 412.8m options are expected to be issued and existing option holders are not eligible unless they exercise their current options, which will result in additional options being issued.

King River Copper has announced more high grade gold results from the Mt Remarkable gold project, 200km southwest of Kununurra in the Kimberley region of W.A. The company is targeting the Trudi Vein system with close spaced drilling to delineate multi-ounce, plunging ore shoots. Exploration drilling is underway east of the main Trudi lode too, at the intersection with the Grahame vein system.

King River Copper's first trial with an alternative processing flow sheet for its giant Speewah deposit has produced vanadium pentoxide with a purity of 99.47% and could open the door to the production of a high purity vanadium product. The new process has become the focus of testing because it produces material that is more readily upgraded into electrolytes for vanadium redox batteries.

King River Copper is thinking about a serious upsizing of its proposed mine at Speewah after an initial pit study found a monster-sized pit could be the best approach to mining the giant vanadium-titanium-iron deposit. The latest study has lowered the strip ratio to just 0.4 to 1, taking full advantage of the large, flat-lying and evenly-distributed mineralisation.

New spectacular drill results from King River Copper's Mt Remarkable gold project in the East Kimberley have extended a very high grade epithermal gold zone and shored up the company's view there could be other gold-rich zones nearby. Best results from the latest assays include 3m @ 41.75 g/t gold, including 1m @ 81.5 g/t, from a downhole depth of just 16m.

Junior explorer King River Copper's gold project at Mt Remarkable in the Kimberley region of W.A could be just that – remarkable – if the latest drilling results are anything to go by. Assay results received in the past week have revealed fine visible gold in the latest drill holes including a 4m intersection going 113 grams per tonne gold.

King River Copper has provided an unexpected windfall for its investors by converting some of its exploration tax losses into a $306,000 tax credit that will be passed on individually to its shareholders under the Government's “Exploration Development Incentive.” The credit is made possible by an innovative tax scheme introduced in 2014-15 to help greenfield explorers find Australia's next big mineral deposit

There has been a big increase this year in the number of ASX-listed companies, primarily junior explorers in WA, forced to retract announcements.

King River Copper has secured two new tenements in the underexplored Tennant Creek copper-gold belt in the Northern Territory. Its extensive 6,634km2 tenement holding is highly prospective for iron oxide copper gold deposits similar to Westgold's Rover 1 project nearby. The company is awaiting grant of its remaining applications and it is collating drill programs to target priority positions later this year.

With the wet season out of the way, King River has finally begun follow up drilling at Mt Remarkable in the East Kimberley, where drilling in November produced one of the year's most exciting gold hits. One rig is already on site, and another is on its way to the high-grade epithermal gold discovery that produced 11m at 27.9 g/t gold, including 1m at 90.7 g/t.

King River Copper is forging ahead with its concept study for the Speewah vanadium project in the Kimberley. The company is investigating an innovative hydrometallurgical process to produce premium high grade vanadium pentoxide for direct sale. The study will incorporate relevant mining, beneficiation and processing costs to optimise a future open pit mining scenario for high grade mineralisation at the project

King River Copper will raise a minimum of $6m and up to $18.5m thanks to an innovative underwriting of its soon-to-expire options and a share price that has run off the Richter scale on the back of exploration and metallurgical successes. The company also announced it had pegged 3,000 square kilometres of additional ground, locking up its exciting new gold play in the East Kimberley.

King River Copper has laid claim to the highest-grade vanadium concentrate of any Australian mineral deposit after successfully completing metallurgical tests on the company's massive Speewah project in the Kimberley. Perth-based King River said the bar had been raised by grinding and separating test work that produced a magnetite-ilmenite concentrate of 2.11% vanadium pentoxide, elevating Speewah to vanadium royalty status.

High purity vanadium is being tipped for greatness as a revolutionary force in battery storage of renewable energy. Perth's King River Copper may well have the largest and highest purity in-ground resource in the world in W.A. Last week the company proved it could produce the holy grail of purity levels at 99.5%, placing it amongst elite company around the world.

King River Copper's exotic collection of minerals around the Speewah project in the East Kimberley has delivered a potentially lucrative bonus in the form of a large, high-grade fluorspar deposit next door to its flagship vanadium-titanium project. Global supply of the critical mineral is tightening, prompting the US recently to add fluorspar to its list of strategic stockpile requirements

Metallurgical testwork on King River's giant Speewah vanadium deposit in the Kimberley has shown that it could produce super-high purity titanium dioxide, boosting the economics of the project. The latest leach test on Speewah concentrates produced 99.5% purity titanium dioxide. The high purity levels potentially open up new master allow markets such as the aerospace market for King River.

Emerging Goldfields explorer NTM Gold Limited (ASX: NTM) (“NTM” or “the Company”) is pleased to announce it has raised $1.5 million in a heavily oversubscribed placement of new shares.

New assay results from the Mt Remarkable gold project, 200km south of Kununurra, suggest 100%-owner King River Copper has barely scratched the surface of this forgotten gold field in the East Kimberley. Gold mineralisation on the Trudi vein, which recently produced an 11-metre interval at 27.9 g/t gold, is now shown to extend over a strike length of 1km, three times its previously known extent.

King River Copper's excellent progress on metallurgical test work should unlock a new pathway for the development of its massive 4.7 billion tonne Vanadium/Titanium/Iron project near Kununurra. The Company is aiming to produce 99.5%+ purity vanadium pentoxide, titanium dioxide and iron whilst at the same time dramatically reducing the capex requirements via a new processing flow sheet.

King River Copper has announced it would seek to raise $900,000 for further exploration of its Kimberley tenements, with phase two of its drilling expected to recommence next week.

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