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Colin Hay

Killi Resources (ASX: KLI) has completed its ground geophysical survey at the Kaa target, at the 100% owned Mt Rawdon West Project in Western Australia.

The survey grid covered an area of 2.5 sq. km and will provide an analytical geophysical 3D model down to 300m depth.

Processing the raw data will take two to three weeks and will provide an analytical signature for resistive as well as conductive rock units beneath the 1.8km high-grade copper-gold trend at Kaa.

Recently the company reported outstanding surface rock chip assays returning maximum values of 238g/t Au, 5.4% Cu and 907g/t Ag, indicating a previously un-recognised epithermal system.

CEO Kathryn Cutler said results from the IP survey will be combined with surface mapping and surface geochemical datasets to provide robust drill targets for the maiden drill campaign at the Kaa target. To date not one drill hole has been completed by Killi or previous explorers, and the company looks forward to reporting results to the market as they become available.

“This is the next piece a of the puzzle for Kaa. Once processing has been completed and compiled with other datasets, we will have robust drill targets with all the information possible, with the maiden drill programme to execute following that, in the coming month”.

The Kaa target covers 1.8km of strike with surface assays confirming high-grade gold-copper-silver mineralisation in association with highly anomalous pathfinder elements of antimony, bismuth, mercury and tellurium.

Field work has identified a high-grade gold and copper structure in-situ- at surface which extends from the historical ‘Wonbah Copper Mine’ along the soil anomaly to the south-east along a ridge. Rock chips collected during this recent program were taken from outcrop along the ridge which is approximately 200m in width.

Additional old workings, veins and gossan structures were located along the trend and sampled and returned on average 5-6g/t Au, 1-2% Cu, and 100g/t Ag. One specific gossanous outcrop striking east-southeast and dipping shallowly to the south-west was sampled and returned an outstanding result of 238g/Au, 2.1% Cu, 513g/t Ag, 2.2% Pb, 0.3% Zn (MRRK074). The outcrop is interpreted as the main Kaa gold-copper trend exposed at surface.

A drill contract has been awarded with the company planning to mobilise a diamond drill rig in a month.

Mapping and assay results from additional soils and rock chips collected at Kaa as well as regionally are expected to be received by the end of the month.

Results from surface mapping will be compiled with the results of the Ground IP geophysical survey to determine drill targets for the company’s maiden drill campaign, and the first holes ever at the Kaa Prospect.

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