Killi Resources Limited (ASX: KLI) has commenced the first round of exploration at the Mt Rawdon West Project in Queensland.
Granted to the company in 2022, the Mt Rawdon West Project consists of a singular strategic tenement of 309 sq. km which covers intersecting mineralised structures hosting the 1.8Moz Mt Rawdon Gold Mine owned and operated by Evolution Mining and Mt Perry copper-gold mineral field owned by SolGold, situated inland from Bundaberg.
The district has a rich mining history with significant gold, copper and molybdenum mines in close proximity and on the project.
The Mt Rawdon West Project was granted to the Company in early 2022, and since then the team has been busy working up the exploration strategy in the background, generating a robust database, reconciling historical reports and establishing access with our landholders and stakeholders. All while continuing our exploration programs in the Tanami and Townsville.” CEO, Kathryn Cutler, said.
“The project is highly prospective for porphyry gold-copper systems, with an existing gold system 10km along strike, old mines and shafts located on the project, and a significantly complex geophysical signature, the project ranks highly in our priorities.
“There are no drill holes on the project to date, and we look forward to working up our targets and putting the first drill holes on project later this year.
“The exploration strategy for the company has been to work through Killi’s belt-scale project portfolio generating targets and testing them by the most effective means possible in search of a new mineral discovery. We could not be more excited to be out completing the first round of exploration on the project in over a decade and look forward to reporting to the market our findings in coming months.”
