Killi Resources (ASX: KLI) has recommenced exploration at its Queensland project with surface mapping, rock chip sampling and ground-truthing of geophysical targets.
Recent reviews have highlighted further copper-gold potential at the Baloo and Kaa prospects with exploration planned to continue to focus on these targets within the main Baloo corridor.
Field work has been planned to further understand veining, alteration and geology of the targets, as the company explores for a new epithermal-porphyry copper gold system. Results of this work will be coupled with existing geochemical and geophysical data to provide drill targets for testing in the future.
The Induced Polarisation geophysical survey is planned to commence in coming weeks, and cover both targets, to determine any potential sulphide bodies beneath the geochemical targets.
“We’re excited to be back out on the ground in Queensland at Baloo and Kaa. Field mapping has started with an IP Survey planned to commence in coming weeks. We remain focussed on exploring for a new large-scale copper- gold system and look forward to reporting the results to market as they become available,” CEO Kathryn Cutler said.
The Mt Rawdon West Cu-Au Targets
The Baloo Corridor has been the initial focus of exploration, as geophysics highlighted a structurally complicated zone at the intersection of major regional faults, which are responsible for gold and copper mineralisation.
Soil samples and rock chips have focused across this corridor and returned large zones of both gold and copper enrichment at surface. In places the mineralisation has been of considerable grade, returning in assay, 7.2% Cu in bornite rich veins, 12.4g/t Au in quartz veins and 0.99% Mo from a quartz plug, all at surface.
Metal and element zonations have been determined for surface soil data and confirms the dominant metals at the project consist of a copper/gold/molybdenum core, flanked by bismuth-silver-tungsten, and more distally lead-zinc. A typical geochemical arrangement of pathfinder elements, indicative of fertile intrusive system.
The Kaa and Baloo targets remain high priority and the focus of exploration efforts.
