Kingsrose Mining: Prepares to drill Maul Vein system

Kingsrose Mining Prepares to drill Maul Vein system

  • Kingsrose Mining (KRM) is about to begin a drilling program at the Way Linggo project in Indonesia
  • Drilling will aim to explore the Maul Vein which is a vein system discovered earlier this year and is located 500 metres west of the Talang Santo open pit
  • The Maul Vein was discovered in a stream bed during regional reconnaissance work in the second quarter of this year
  • Initial trenching results have consistently returned elevated gold grades over 300 metres of strike, which remains open
  • Shares in Kingsrse Mining were down 3.23 per cent today, closing at 6 cents each
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

NatWest Group Strengthens Free Investment Guidance Programme

New initiative aims to educate more customers on investing.Highlights: NatWest Group expands free investment guidance programme.Initiative targets educating...

Tether Launches New Stablecoin Wallet to Enhance User Experience

This innovative platform aims to improve accessibility for crypto users.Highlights: Tether has introduced a new stablecoin wallet.The wallet...

FCA Strengthens Money Laundering Combat with Synthetic Dataset

New collaboration aims to enhance detection capabilities against financial crime.Highlights: FCA partners with Turing Institute to combat money...

Spektr Strengthens Compliance Efforts with $20M Funding

Fintech startup Spektr secures $20 million for AI-driven compliance solutions.Highlights: Spektr raises $20 million to enhance its AI...