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31 March 2014
The Companies Manager
Australian Stock Exchange
Level 8 Exchange Plaza
2 The Esplanade
Perth WA 6000
CAPITAL RAISING
King River Copper Limited (ASX: KRC) announces that it is
completing arrangements for a capital raising of
$504,000 at 6.3 cents per share for the issue of 8,000,000 shares from sophisticated and professional investors.
The fund will be used for upcoming exploration activities and working capital.
The shares will be issued upon completion of the documentation.
Yours faithfully
 
"King River Copper Limited (“King River” or “the Company”) (ASX: KRC) has noted today the increased interest and price movement of its shares.
The Company is not aware of any material information that has not been previously disclosed to shareholders.
The Company has not yet commenced drilling. The first drilling is planned to commence next
Wednesday, May 28 at the shear zone on Chapman Hills, followed by a diamond drilling program at the
Chapman outcrops.
The phase 1 drilling program will be spread over 7 different locations and is expected to take up to 6
weeks.
All drill core will be stored on site, then delivered to Perth early July for cutting and assaying.
Recent bulldozer work providing access to the 2 drill site locations at Chapman outcrops has exposed
further copper carbonate (malachite) in quartz veins and breccias that has been lodged for assaying. Any assay results received that are viewed by the company to be material will be released on receipt.
The Chairman, Anthony Barton is also presenting the company to a large group of London investors in
the evening of May 28.
There is no other information known to the company."
 
King River Copper seeing a flurry of activity after some encouraging drilling results at its Mt Remarkable Project:



 
King River Copper has been a great littler performer over the last month. When I last posted just before Christmas, it was 1.5c. Now it's 5.1c and has more than tripled in price. Nice work if you can get it.

Did anyone manage to get on this one?

 
King River soars on news of high-grade fluorspar deposit

Good news on Friday and a trading halt today for King River Copper. The trading halt was requested because "The Company is in the process of obtaining independent sign offs relating to a metallurgy update release on Vanadium purities."

Share price was 3.9c on Thursday and climbed to 5.7c today when the company went into the trading halt. Some good gains being made by KRC. Announcement on Wednesday should be interesting.
 
After reaching a high of 19c on 21 March, King River Copper has slowly retreated on low volume to 7c where it has found some support.

A Drilling Update released on 17 May concerning the company's Mt Remarkable project advised that drilling was well underway and the first 900m has been completed with 600 drill samples at the laboratory as of 16 May 2018. Results were due within the next two weeks, so they should be announced by the end of the month. The share price has moved up from 7c to 8.9c in anticipation of the release of those results.

The direction of the KRC share price in the short term will largely depend on the quality of the upcoming drilling results from Mt Remarkable.

 
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Nice steady gains over the last couple of months for KRC. It has travelled from 7c in mid-May to 11c today, which would appear to be a resistance level.

Diamond drilling is continuing on the Trudi Vein at the company's Mt Remarkable Project and high grade assay results were announced on 28 June. There are assay results outstanding that should hopefully be released in the near future.

 
KRC suffered a 39% fall after releasing their Vanadium Scoping Study for the Speewah deposit located in Kununurra. It appears the main driver for the fall was the estimate for the capital required as per below. But as expected the company release also suggests that the project is viable and will continue on with further devolpment...




 
On December 4th, 2018, King River Copper Limited (KRC) changed its name and ASX code to King River Resources Limited (KRR).
 
Is anyone on this one? Some chatter in other forums expecting big things

Had a quick look.

Modest Market Cap just under $50 million. About $7 million in the bank, so there is room to move on good news if the Traders get involved again.


 
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