King River Resources Limited provided an extensive update on its 2025 exploration programme in the Northern Territory, focusing on its RC drilling results at the Kurundi prospect and promising soil sampling outcomes from the Kuiper iron oxide copper gold targets. At Kurundi, the company reported encouraging assay results from recent RC drilling aimed at extending high-grade zones at the Kurundi Main prospect and testing a newly discovered mineralised structure. One noteworthy intersection from the new structure, located approximately 300 meters northeast of the main zone, returned 4 meters at 1.43 g/t gold (with 2 meters at 2.79 g/t gold), while previous best intersections at Kurundi Main include intervals such as 7 meters at 6.35 g/t gold (with 1 meter at an exceptional 35.26 g/t gold). Multiple holes drilled beneath both the main mineralised zone and in the more structurally complex southern extension yielded mixed results, with some intervals indicating potential along previously untested down-plunge trends. Alongside the drilling updates, the exploration team shared positive progress from the Kuiper project. Ionic leach soil sampling over coincident gravity and magnetic targets has generated geochemical anomalies that highlight traces of gold and key pathfinder elements such as copper, bismuth, silver, and arsenic. These anomalies, despite being subtle due to the approximate 10-meter Cambrian cover, correlate with geophysical models showing folding and multiple coincident gravity and magnetic anomalies. The geophysical trends appear to extend towards a disrupted section of the Warramunga corridor—a region known for its historical mineralisation—which further reinforces the targets’ potential. The detailed technical data include precise drill hole locations, interval lengths, and dip and azimuth measurements. For instance, drilling at Kurundi maintained an approximate -60° dip with multiple intervals recorded on 1-meter samples. The soil sampling data, recorded at 100-meter vertical depths with adjacent GPS coordinates, highlight anomalies in gold and bismuth that mirror the gravity targets. The integration of these assay results with geophysical modelling and ionic leach geochemistry is set to guide further drill targeting, with Kuiper drilling scheduled to commence this week, and additional targets under review. Market sentiment based on this announcement could be viewed from different angles. On the bullish side, the high-grade intersections at Kurundi, the discovery of a new mineralised structure with untested depth potential, and the positive results from the Kuiper geochemical survey provide a strong impetus for further exploration. These factors may raise investor confidence in the company’s ability to define new mineral resources and expand its asset base in a historically productive region. Conversely, the cautious sentiment may stem from the challenges noted in the southern high-grade zone at Kurundi, where complex structures have disrupted mineral continuity, and the inherently low detection limits of ionic leach soil sampling beneath cover. While the early-stage nature of the exploration means that results remain speculative, both sets of data point to significant potential that will be tested in upcoming drill programmes.