Kingwest Resources: Receives high-grade gold from Menzies
- Kingwest Resources (KWR) has received additional results from ongoing diamond core drilling of the Central Zone at the Menzies Gold Project in WA
- Results received to date have returned high-grade intercepts at the Yunndaga and Lady Shenton prospects
- Kingwest has also received gold grading up to 79.40 grammes per tonne
- This is significant because it proves that high-grade mineralisation continues at depth
- Kingwest believes this has been located and also will followed-up in future drilling programs
- Kingwest has ended the day 6.67 per cent in the red and shares trading for 14 cents each in an $18.28 million market cap