Latest Kgl Resources (ASX:KGL) News

Small caps did the heavy lifting this week, led by two big discovery stories in resources. Funding raises and takeover moves kept attention on who can pay for the next step, not just promise it.

Speculative money piled into new discoveries and tight-supply metals, while a handful of small caps were sold hard on thin liquidity. The week’s biggest moves came from PGMs and tungsten on the way up, and micro-cap gas on the way down.

KGL Resources has secured A$11 million to accelerate development at its Jervois Copper-Silver-Gold Project, buoyed by soaring commodity prices and fresh leadership appointments. The company is progressing construction readiness and optimisation efforts while engaging with funding partners.

KGL Resources has appointed Sam Strohmayr as its new CEO, bringing deep global mining expertise, while also establishing a new operations office in Darwin to bolster stakeholder engagement.

KGL Resources is making significant strides in preparing the Jervois Project for construction, leveraging higher copper, silver, and gold prices to optimise the project and secure funding. Exploration efforts and strategic partnerships are positioning the company for a 2026 construction start and 2027 production.

KGL Resources has raised A$11 million through a placement led by institutional investors, including Resource Capital Fund, to advance enabling works at its Jervois Copper Project ahead of a Final Investment Decision.

KGL Resources updates on its Jervois Copper Project optimisations and financing progress, welcoming Resource Capital Fund as a new significant shareholder. The company is capitalising on higher metal prices and exploring critical mineral opportunities.

KGL Resources has paused drilling to deploy advanced 3D geophysical modelling, revealing significant deep mineral anomalies at its Jervois Project. The company is advancing construction readiness and securing funding amid strong copper, silver, and gold markets.

KGL Resources has leveraged cutting-edge integrated 3D inversion modelling to reveal multiple high-priority exploration targets at its Jervois and Unca Creek tenements, suggesting a larger and deeper mineral system than previously known.

KGL Resources has reported a robust quarterly update for its Jervois Copper Project, highlighting a strong feasibility study with a $405 million NPV and successful drilling that extends high-grade copper resources. The company also secured $4.2 million in new capital and is progressing strategic financing to target production by 2027.

KGL Resources Limited has released a comprehensive feasibility study update for its Jervois Copper Project, confirming its technical robustness and financial viability with plans to commence production in 2027. The project boasts a post-tax net present value of A$405 million and aims to produce around 30,000 tonnes of copper annually, positioning itself to capitalize on a tightening global copper market.

KGL Resources has reported a significant 17.4% increase in its Jervois Mineral Resource Estimate, supported by strong drilling results, while navigating a leadership change with its CEO stepping down.