KCN 0.00% 80.0¢ kingsgate consolidated limited.

prospect B

  1. 25,763 Posts.
    kcn holders should look at the recent presentation from kcn. it is available in pdf format, from the asx. of particular interest, is prospect b (see page 15, of presentation), where the results seem to be very, very promising. the following are the results of trench samples accross the soil anomoly


    18m @ 3.6
    22m @ 4.8
    23m @ 3.1
    27m @ 3.4
    120m @ 2.7
    100m @ 1.1
    36m @ 0.8
    34m @ 5.1
    31m @1.1

    in braod terms, the anomoly, is about 600m x 200m. i do not know if the company has done any drilling on the prospect, but the above results (from surface), i believe are very impressive. there is the possibility of good grades, close to the surface, and coupled the prospect of some decent tonnage, then this could add considerably to the project cash flow

    i have a interest in kcn
 
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