Submit An Article Become a Member
Colin Hay

Killi Resources (ASX: KLI) has commenced a maiden drill campaign at the Kaa copper-gold target has started, at the 100% owned Mt Rawdon West Project in Queensland.

“These are the first ever drill holes into the Kaa target and we couldn’t be happier to be on the ground testing the targets at Kaa for a wholly new gold-copper system. We look forward to keeping the market informed on our progress in the coming weeks and months,” CEO, Kathryn Cutler, said.

Maiden Drill Campaign at Kaa

A soil and rock chip program have concluded that the Kaa target indicates a potential new epithermal gold system for the region with rock chip samples returning elevated levels of gold, silver, copper, antimony, bismuth, mercury and tellurium.

To date only rock chip samples have been collected at the prospect, with no drilling ever completed. The surface sampling reported maximum assay results of 238g/t Au, 585g/t Ag, 2,860ppm Bi, 5.35% Cu, 3.58% Sb.

The IP Survey has also identified multiple chargeable (sulphide-rich) and resistive (silica-rich) responses beneath the ridge and undercover.

Killi plans to drill test these targets in the coming months as part of its maiden drill campaign, the first ever drill program at Kaa. Drilling will focus on the 1.8km Au-Cu trend, targeting the IP anomalies beneath the high-grade surface mineralisation.

The company will complete up to 10 diamond drill holes from surface, with targets within the top 200m.

Resistive features, which are interpreted to be dominantly silica have also been identified in the IP Survey and are interpreted as potential pathways for gold mineralisation at the target. These structures will also be tested during the drill campaign.

Next Steps

Results of the maiden drill program at Kaa will be released to the market as they become available, over the coming weeks and months.

The IP Survey at the Baloo target is due to commence in Q4 2024. The survey will cover the 2.5km x 1.8km Cu-Au-Mo soil anomaly, determined by the company. Results will provide drill targets for future exploration programs.

 

Rate article from Colin Hay: