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Proactiveinvestors is a leading multimedia news organization, investor portal and events management business with offices in New York, Sydney, Toronto and London. Proactiveinvestors operates five financial websites in four languages providing breaking news, comment and analysis on hundreds of... More
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  • KGL Resources To Present At Sydney Investor Luncheon On July 9th 0 comments
    Jul 4, 2014 1:49 AM

    KGL Resources (ASX:KGL) newsflow is about to ramp up with over 10,000 samples from the Jervois copper-silver-gold project in the Northern Territory having been despatched to lab awaiting assay results.

    The results follow an extensive drilling program, which has delivered broad zones of high-grade copper.

    Proactive Investors has secured managing director Simon Milroy to present the latest updates at the upcoming "Stars in 2014 Series" Investor Forum in Sydney on Wednesday 9th July 2014.


    Jervois is a high grade project at 1.25% copper, and currently hosts resources of 170,000 tonnes of copper and 11 million ounces of silver.

    KGL currently had a cash balance of $19 million at the end of March 2014, which equates to $0.135. The company last traded at $0.096, and is therefore trading under cash backing.

    Key catalysts for KGL in the near-term include the resource update due for completion in August will for the first time include the East Reward lode.

    This will be followed by the completion of the Prefeasibility Study in September.

    Talks are already underway with strategic partners.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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