Kimberley riches: Killi Resources readies for major rare-earth, gold hunt at West Tanami
A full desktop evaluation is continuing ahead of the exploration campaign, which is designed to test the 100kms of gold and 95kms of rare-earth strike at the West Tanami Project.
A multi-faceted exploration program has been developed by Killi Resources to advance understanding of the rare earth and gold potential at the West Tanami Project in Western Australia.
An Aboriginal Heritage Council meeting is booked and confirmed to take place this quarter, with the Kimberley Land Council and Aboriginal Corporation over Tjurabalan Lands, ahead of the field season and planned exploration programs.
Mapping is scheduled to begin next week followed by an initial surface geochemical program in the form of collecting rock chip samples from outcrop and sub crop for the evaluation of potential rare earth and gold mineralisation.
Killi (ASX:KLI) CEO Kathryn Cutler said since listing on the ASX back in February and raising $6mn to carry out exploration work across four assets, the company has been working hard to establish a solid pipeline of field work.
“We are very excited to get out and test geochemical anomalies that have been sitting there for 20 years untouched and untested,” she said.
Gold and rare earth systems within the Kimberley region of WA are located within a similar geological setting, allowing exploration to focus on potential hydrothermal mineralising systems.
KLI expects to collect >50 surface rock chip samples for gold, rare earths and multi-element analysis, at the Oracle, Raven, Tent Hill, Bannock, Navajo and Chickasaw prospects.
Field work will focus on historical results, and confirming these anomalies, as well as testing new conceptual and theoretical targets.
A close-spaced, low-flown magnetics and radiometric survey is booked and due to take-off shortly.
It will be flown on 50m spaced lines 20-30m above the ground to record the magnetic and radioactive response of the project area.
The magnetic imagery generated from this survey will provide information to aid with the structural model for gold and rare earths
An aircore drill rig, with the capabilities for percussion drilling has been engaged and confirmed for the 2022 field season.
Strike Drilling has been awarded the contract for an estimated 20,000m of AC/RC to begin in Q2/Q3 2022, testing the existing geochemical anomalies at Oracle, Bannock, Navajo, Pennacock, Hermes and Chickasaw as well as the potential extension of gold structures from Kookaburra, at the Tent Hill prospect.
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.