king resources inc (KING:OTC US)
king resources inc (KING) Key Developments
King Resources, Inc. introduced one of the several merger candidates on its short list for a Graphite mining project. The Property is located approximately 150 km north of Toronto adjacent to Highway 69/400 and 10 km north of Port Severn. The Property lies in the Go Home Subdomain of the Central Gneiss Belt of the Grenville Province of the Canadian Shield and comprises high grade (amphibolite to granulite facies) gneisses. These are typically quartz-feldspar-hornblendeortho- and para-gneiss with rare marble, anorthosite and basite. The units in the area typically trend NNW and dip shallowly but variations are seen due to regional and local scale cross folding.
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