Management has indicated its Tarragans North and South prospects that sit about 30km south-east from the Kurundi Main site will be targeted, with historical workings in the area including the nearby historical Great Davenport mine.

The Tarragans prospects have never been drilled and it appears it may be time to do so in view of high-grade rock chips assaying 23.93g/t and 9.28g/t being discovered at Tarragans South. The company is planning to test the prospect with the hard edge of the drill bit for 12 holes amounting to about 600m.

King River’s Millers prospect, about 20km north-west of Kurundi Main, has recorded a rock-chip sample of 5.03g/t, in addition to several geophysical anomalies deemed to be worthy of testing. Reconnaissance exploration identified significant fault-related hematite-magnetite ironstone, with further rock-chip sampling providing geochemically anomalous values of 0.18g/t gold and elevated levels of bismuth, molybdenum and antimony.

Several geophysical surveys across the Millers ground resulted in coincident chargeability and resistivity anomalies associated with a strong fault and veining zone. Reconnaissance work in 2022 returned an assay of 0.35g/t gold.

A six-hole program for 700m is now planned to test the geophysical anomalies.

The company noted that continued interpretation of its 2023 geophysics program is ongoing for the remaining project areas and further targets are expected to be generated. It plans to drill-test its Kuiper 1 and 2 targets, several Rover East prospects and the Explorer 42 prospect.

All up, King River expects to polish off a 13,500m drill program across its project areas. A fully-funded drill program across many prospective targets usually adds an air of anticipation and that seems to be wafting through the company’s Top End tenements as we speak.

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