King River Says Drone Magnetics Survey Shows High-Priority Gold Targets at Western Australia Project; Shares Reach Seven-Year Peak
King River Resources (ASX:KRR) said high-resolution drone magnetics survey reveal multiple new high-priority gold targets at Mindoolah project in Western Australia, according to a Tuesday Australian bourse filing.Follow-up mapping, geochemistry, and reverse circulation drilling is scheduled to begin in September and October.The company's shares jumped nearly 9% in recent trading on Tuesday and earlier reached a seven-year peak.