King River Resources Ltd. announced continued gold exploration success from its Tennant Creek project. High grade rock chip grab sample results up to 49.5g/t Au have been returned from reconnaissance exploration of areas surrounding the main Kurundi Prospect where recent RC drilling returned high grade drill intersections earlier in the year, an area never drilled before (KRR ASX 27/6/22, best result TRC019: 7m @ 6.35g/t Au from 25m including 2m @ 21.30g/t Au with 1m @ 35.26g/t Au). These new high-grade surface gold results give the company additional drill targets to the current high- grade gold Kurundi prospect.

Also, high grade copper and silver values have been returned from multi element analysis of the Kurundi RC drilling with coper result of 2m @ 8.4% Cu including 1m @ 21.8% Cu and best silver result of 4m @ 59ppm Ag including 1m @ 176g/t Ag in hole TTRC041. The drilling at Kurundi has shown that structures and mineralisation in this sparsely explored region are persistent and continuous at depth giving more confidence to the multiple gold targets identified in the area so far. The results of the recent work is very encouraging for further exploration in the Kurundi and Tennant Creek region where KKR holds +7,000km2 of exploration licences.

In recent months the Tennant Creek region has become very competitive for exploration. Significant gold and copper results have been reported including those by Castile, Emmersons and Tennant Minerals at Rover, Bluebird, and Hermitage, as well as KRR's recent high grade gold results in the Kurundi Gold region. King River Resources currently holds +7,000km2 of exploration licences with quality exploration targets within the Tennant Creek Region and is exploring for gold and copper mineralisation including Iron Oxide Copper Gold mineralisation.

Rover East Project which covers ground along strike of the units that host the Rover 1 deposit where Castile intersected 30.4m @ 35.6g/t Au in 2021 (ASX CST 2/6/21). Tennant East Project situated only 3km along strike of the geophysical units that host Tennant Minerals Bluebird Deposit where diamond drill intersection of 63m @ 2.1% Cu copper and 4.6gpt Au from 153m including 27.55m at 3.6% Cu and 10gpt Au and 7m at 38.5gpt Au was returned. KRR's ground is also directly along strike of the Lone Star IOCG trend that hosts Emmersons Mauretania deposit, the Blue Moon, Gigantic and Metallic Hill historic mines as well as multiple other prospects and historic workings (all within 1km of the tenement boundary).

Barkly Project where multiple exploration companies (including Newcrest Ltd, Middle Island, Greenvale and more) have pegged all the available ground in a corridor that strikes between Mount Isa and Tennant Creek based on IOCG prospectivity identified by government precompetitive work. Kurundi Project where KRR has recently intersected high grade gold in multiple drill holes.