Killi counts on heli-borne VTEM to find sulphide targets at Ravenswood North
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Killi has started a detailed VTEM heli-survey to search for sulphide conductors over the width of the prospective Ravenswood corridor at its Ravenswood North project.
The 300km2 survey has been designed on 200m spaced lines to identify concealed sulphide conductors that may host gold and/or copper mineralisation.
It covers the dominant structural corridor within the district where Killi Resources (ASX:KLI) recently discovered a geochemical gold-copper-silver anomaly at the Rocky prospect.
“It’s fantastic to be back out at Ravenswood North completing further field work and adding to our exploration inventory,” chief executive officer Kathryn Cutler said.
“On the back of our recent geochemical successes, we are adding a geophysical survey to bolster our geological understanding and generate additional exploration targets for future drill programs.
“There are multiple historical gold and copper mines within kilometres of the survey area, and we look forward to the VTEM results, which we believe will possess strong potential to identify concealed sulphide conductors, which may be related to the region’s extensive high-grade mineralisation.”
The Ravenswood North project in Queensland is located within 60km of mines such as Ravenswood, Mt Leyshon, Charter Towers, Mount Wright and Mount Success, which collectively account for more than 26Moz of gold resources in the district.
Importantly, these deposits are all known to be associated with sulphide mineralisation, which are particularly well recognised by VTEM surveys.
Following completion of the VTEM survey, Killi will restart its geochemical program.
This will be extended towards the Mt Success and Golden Valley tenement boundary and to the north-east.
Further field mapping will be completed to identify additional breccias at the prospect and across the project.
This article was developed in collaboration with Killli Resources, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.