Nueva Esperanza progressing towards the feasibility stage

August 2017: In response to the challenge of progressing to the feasibility stage, Kingsgate Consolidated Limited (ASX: KCN) has announced the discovery of new silver mineralization at its Nueva Esperanza project, after completing 1.226m of RC drilling in eight holes, before stopping work for the winter season.
Hole KRC-046 at the Cerro Blanco West target registered an intercept of 60m @ 67.57g/t Ag (1.13g/t AuEq60) including 32m @ 114.66g/t Ag (1.91g/t AuEq60), while at hole KRC-055 the intercept was 50m @ 84.4g/t Ag (1.40 g/t AuEq60); hole KRC-056 found 18m @ 82.32g/t Ag (1.38g/t AuEq60).  (Read more)