Killi Resources Confirms Copper-Gold Drill Targets at Kaa Prospect
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Killi Resources Confirms Copper-Gold Drill Targets at Kaa Prospect

byEleanor Laurence - Content Producer, The Assay
1 year ago
Reading Time: 2 mins read
Killi Resources Confirms Copper-Gold Drill Targets at Kaa Prospect

Killi Resources Limited (ASX: KLI) has announced the results of the ground geophysical survey (IP) at the 100% owned Mt Rawdon West Project. Significant chargeability anomalies have been identified from the pole-dipole IP survey where five lines were completed at the Kaa Prospect.

Chief executive officer, Kathryn Cutler said, “We are excited by these results from the IP survey, as the technique clearly works to identify sulphide units beneath the surface. With no existing drilling at this target, its vital we obtain all information available to us in order to ensure our maiden drill campaign is successful.”

IP line 3600N was completed sub-parallel to the 1.8km long high-grade copper-gold trend recently determined at surface, with assays returning up to 238g/t Au, 5.4% Cu, and 907g/t Ag. Multiple IP anomalies were determined along this section and coincide with known surface copper-gold mineralization from old workings of the historical Wonbah Copper Mines and rock chip assays.

IP line 4000N was completed parallel to the 1.8km trend, 400m to the north-east which has limited outcrop. The results of the line identified a 1,000m x 400m chargeable anomaly which extends from just beneath the surface to 300m depth and remains open. The anomaly has not been recognized previously as it is located beneath alluvial cover, along strike from the gold in soil anomaly recently reported.

Geophysical results are interpreted by geophysical consultants to be consistent with a sulphide source, potentially representing copper-gold mineralization, and represent high priority targets for drill testing in the upcoming maiden drill campaign.

“These geophysical results in combination with our geochemical dataset and surface mapping provide exceptional targets for the company to drill test, and we could not be more excited to get out there and complete the drill campaign in light of these results.” Added Cutler.

The company will now complete a diamond drill campaign of 1,000m to drill test the targets identified from the IP survey, and beneath the high-grade copper and gold surface results. Targets are shallow, with diamond drilling planned from surface to ensure all possible information is acquired.

To find out more, please visit www.killi.com.au

To read more articles like this, please visit www.theassay.com/news

Tags: ASX:KLIAustraliaGold Copper
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Eleanor Laurence - Content Producer, The Assay

Eleanor Laurence - Content Producer, The Assay

Eleanor is a content producer for the 121 Mining Investment event series globally. With over two years of experience in the mining industry and six years in international roles in Hong Kong, she is now based in London, developing investor-focused content for both the event series and The Assay.

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