Hillgrove Says South Australia Copper Mine Surface Drilling Confirms Continuation of Mineralized Zone at Depth, Shares Jump 6%

MT Newswires Live

06/30

Hillgrove Resources (ASX:HGO) said surface drilling at the Kanmantoo copper mine in South Australia confirmed the continuation of the Kavanagh mineralised zone at depth, according to a Tuesday Australian bourse filing.

It encountered intercepts of 24 meters at 1.69% grade of copper and 0.47 grams per tonne grade of gold from 816 meters downhole, as well as 13 meters at 0.73% grade of copper and 0.11 g/t grade of gold from 798 meters downhole.

Its shares jumped 6% in recent trading on Tuesday.

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