Killi Resources Limited (ASX:KLI) Announces Exciting Drill Results at Mt Rawdon West
Drilling Highlights
Killi Resources Limited (ASX: KLI) reports promising findings from its first drill campaign at the Kaa Prospect within the Mt Rawdon West Project. The drill results indicate a large-scale mineralised system with gold, silver, and copper. Notably, initial findings show a mineralisation trend over 1.8 kilometres, suggesting proximity to a potentially intrusive mineralised system.
Assay Results
The campaign, involving six diamond drill holes totalling 1,402 metres, revealed maximum assay values of 9.35g/t Au, 95.1g/t Ag, and 3.7% Cu. Significant intercepts include 0.5m at 9.35g/t Au and 21.1g/t Ag from hole MRDD002, further affirming the strong mineralisation present at Kaa. The results support the theory of a highly prospective porphyry-epithermal volcanic system across both the Kaa and Baloo prospects.
Future Exploration Plans
Killi aims to refine its understanding of the potential at Mt Rawdon West while planning further exploration efforts aimed at developing targets for future drilling. CEO Kathryn Cutler expressed optimism, stating, “These first results are pretty exciting as they indicate we are in a mineralised system.” The Company is set to continue its analysis of the drilling data to define further vectors of interest in the area.
Geophysics Support
Accompanying geophysical survey results at Baloo, located 2.8 kilometres southwest of Kaa, indicate a significant induced polarisation (IP) anomaly below copper-gold soil anomalies. This reinforces Killi’s focus on the region as a potential new mineral discovery area, bolstered by comprehensive data from the recent drilling activities.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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