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King River Resources Limited (ASX:KRR)

ALERT: Price-sensitive ASX Announcement for KRR
Current share price for KRR : $0.056 0.032 (133.33%)+
Announcement
Release
18 May 2026 8:29AM
Price at Release
$0.024
Full Release
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Summary
King River Resources Limited conducted a survey at their Mindoolah site, revealing significant new gold potential and identifying multiple drill targets. The exploration included detailed drilling campaigns which uncovered high-grade gold mineralization across different prospects, notably at Mindoolah Main Reef, Cundy, and Bertram's. This discovery is backed by historical mining data, suggesting promising opportunities for future exploration and potential development.
Key Points
  • King River Resources Limited's Mindoolah project has revealed new gold potential and drill targets.
  • The company conducted extensive surveys and drilling campaigns at the Mindoolah site.
  • Significant gold mineralization was found at various levels, with high-grade assays recorded.
  • The survey highlighted key areas within the Mindoolah Main Reef, Cundy, and Bertram's prospects.
  • The historical mining data supports the potential for new discoveries at the site.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.