King River Resources (ASX: KRR) Advances IOCG Exploration With New Targets and Planned Drilling

King River Resources Limited (ASX:KRR) provided its latest quarterly update, highlighting progress on high-priority Iron Oxide Copper-Gold (IOCG) targets at its Kuiper prospects within the Tennant Creek Project. Recent RC drilling confirmed hydrothermal ironstone zones, supporting a regional-scale IOCG target corridor with coincident gravity and magnetic anomalies in Warramunga Formation rocks.

Kuiper IOCG system takes shape

The Kuiper 1 and Kuiper 2 targets show strong geophysical signatures from 2023 Dipole-Dipole IP, GAIP, gravity, and magnetic surveys. RC drilling intersected the anticipated ironstone, validating the IOCG model beneath shallow cover. Ionic leach soil sampling refined drill locations, with multi-element trends (Cu, Bi, Ag, Mo) aligning with structural corridors.

Kurundi gold assays pending

KRR completed 13 RC holes at Kurundi Main in April 2025, testing high-grade shoots along the Main Vein. Assays are pending but historical intersections include 3m @ 8.3g/t Au. The recent acquisition of EL32116 expanded the tenement with new gold and multi-metal targets surrounding existing holdings.

2026 drilling pipeline ready

Next phases target Kuiper IOCG drilling, plus Rover East (BIF Hill East, Anomaly 5), Pioneer, and VTEM/magnetic anomalies across Tennant Creek. The $2 million budget supports follow-up on 2023 geophysics. Kurundi soil sampling and drone magnetics further refined structures for 2026 programs.

Strategic positioning

KRR’s Northern Territory focus spans gold and IOCG systems in proven belts. With assays pending and targets maturing, the company positions for discovery success amid copper demand growth for energy transition.

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