Killi Resources is mobilising drill rigs to its West Tanami project in WA for its maiden drilling program.

The company plans to complete around 10,000m of air-core (AC) and reverse-circulation (RC) drilling, with the focus on high priority gold and rare earth element hydrothermal targets generated at the northern end of the tenement package.

Killi Resources (ASX:KLI) is also mobilising a diamond drill rig to complete at least one deep drill hole to a depth of ~800-1,000m – which will be funded by the Western Australian Geological Survey’s latest round of Exploration Incentive Scheme (EIS) funding.

The EIS will contribute up to $150,000 towards the drill hole.

Unlocking the project’s potential

“We’ve been working hard over the last few months to get on the ground and start our drilling campaign for the year,” CEO Kathryn Cutler said.

“Drill rigs are now mobilising to site, to complete the first RC and Diamond holes on the project.

“We look forward to getting the rods spinning soon and unlocking the potential of the project.”

Quartz veining at surface a good sign

Quartz veins analogous to gold mineralisation in the Tanami have been mapped and sampled at the new Raven Prospect, identifying the potential for shallow gold mineralisation from surface, in an area previously thought to be under thin alluvial cover.

“While preparing, we have been able to complete surface mapping over the drill area and have identified quartz veins at surface which is exciting to see as we know gold is associated with quartz veins in this district,” Cutler said.

The company plans to sample the quartz veins and sediments across the prospect to add to the geological model of the project and provide additional information which will assist with the interpretation of the drill results from the AC/RC drill program.



This article was developed in collaboration with Killi 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.