Kingwest Resources: Confirms gold system at Sir Laurence
- Kingwest Resources (KWR) confirms a large bedrock mineralised gold system at the Sir Laurence discovery within the Goongarrie gold project in WA
- The gold system is 500 metres wide, extends for 200 metres of strike and contains strongly altered, quartz-veined bedrock
- The mineralisation is open in all directions and at depth and the underlying magnetically defined Sir Laurence litho-structural target extends along strike for at least two kilometres
- Kingwest plans to follow this up immediately with aircore drilling
- Kingwest plans to follow this up with 1000 metres of diamond drilling which will begin four weeks
- Company shares are down 17.7 per cent to trade at 14 cents at 3:24 pm AEST