KBL Mining Limited (ASX:KBL and KBLGA) is pleased to announce that additional copper-gold (Cu-Au) mineralisation has been identified by diamond drilling at the Red Terror deposit, Mineral Hill Mine central NSW, expanding the size of the underground mineralised envelope.
High-grade drilling results
Ongoing underground drilling at the Red Terror deposit has identified new areas of Cu-Au mineralisation, located adjacent to the current production source – the Red Terror Southwest Lode.
Previous drilling in the south-western part of the Red Terror system identified three main, near-vertical lodes: the Southwest Lode; the Central Lode and the DDD Lode. The vein-style mineralisation varies from copper-rich in the south, to gold-rich in the north. Current mining operations are focused on the Southwest Lode on multiple levels of development.
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