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King River Copper To Start Speewah Dome Copper Drilling Next Week

King River Copper (ASX: KRC) will start a highly anticipated first round of reverse circulation drilling at its Speewah Dome project in Western Australia.

This was after the Program of Works was approved by the Department of Mines and Petroleum.

A drilling rig and crew are on standby and initial drilling will be directed at a number of targets at the Chapman, Todhunter and Greys/Hayden locations.

It will drill 50 shallow holes totalling 3,000 metres.

The company is also waiting on final assays from malachite rocks identified in the initial Chapman discovery.

Speewah Dome

The first phase of the 2013 field program had found new copper occurrences, including visible copper at the Chapman's project with Niton XRF portable analysers returning grades of up to 50% copper.

This opens up the potential for further discoveries of copper-gold mineralisation along the 10 kilometre long contact zone in this part and elsewhere around the 30 kilometre long Speewah Dome where this stratigraphic-structural configuration is found.

At Todhunter, further mineralisation has been found within 7 kilometre strike of the 10 kilometre long Todhunter structure.

This area is showing potential for multiple targets at fault intersections and bends in the Todhunter structural corridor.

Preliminary Niton assays at the new Kings-Central have returned an anomalous lead-antimony anomaly near the intersection of the King and Central Faults while reconnaissance rock chip sampling has identified breccias in sandstone and quartz vein float near the granophyre-sediment contact.

Analysis

The drilling will be highly anticipated, given the results received to date. It would not surprise to see the share price continue to climb in the lead up.

King River Copper is presenting at the Proactive Investors' "Stars in 2013 Series" Investor Forum on Wednesday, 2nd October 2013. Register HERE.

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.