Metal Bank Limited provide additional gold assays from recent drilling at the Kingsley East target at its Livingstone gold project in Western Australia (75% MBK). Gold grades of up to 4.79g/t over 4m have been received from 64m (KE22AC005) located 125m west and along strike from previously reported gold in KE22RC007 and 300m east of the Kingsley Gold Resource. A 4m composite of 4.14g/t Au was also intercepted in KE22AC010, 80m west of KE22RC007 and approximately 700m east of the Kingsley Resource. Importantly, these results build on previously released results and highlight the continuity of the system between the existing Kingsley Resource extending up to 750m east. KE22AC005 and KE22RC007 are located 300m and 700m east of the Kingsley Resource, respectively between the Kingsley Resource and the previously reported, high-grade gold of up to 35.4g/t intercepted within KE22RC005, located 750m east of the Kingsley Resource. Importantly, these results infill and confirm continuity of gold mineralisation at Kingsley East, with the numerous gold intercepts within this first pass aircore drilling, emphasising the potential for gold resource growth at Kingsley. MBK will undertake a program of re-sampling of these holes at 1m intervals, as deemed appropriate, to better define high-grade gold zones and facilitate detailed modelling of the deposit extensions. Follow up and infill drilling is warranted will be designed upon receipt of all outstanding assay results. Assay results from other drilling at Kingsley East are expected over the coming weeks and will assist with understanding the true strike extent of the Kingsley Mineralised system to the east of the Kingsley Resource. Drilling results have also been received from 3 scout aircore drill holes completed 200m to the west of the Kingsley Resource, returning highly encouraging 4m composite grades of up to 4m @ 0.75 g/t Au (KW22AC003), which warrant follow-up infill drilling. These results provide further support to western extensions to the mineralised system and build on and extend previously announced gold mineralisation intercepted 60m west of the Kingsley Resource.
The extent of gold mineralisation in the Kingsley system now appears to exceed 1.8km in strike length.