Exploration results at Mt Rawdon West Project

Killi Resources Limited (ASX: $KLI) has announced the identification of exciting copper-gold porphyry targets at the Mt Rawdon West Project. The company raised $1.5 million to progress the project, including an Induced Polarisation survey and maiden drill program. The work completed to date provides a solid exploration pipeline for the coming months, with exploration commencing in the coming weeks.

Executive commentary on the exploration results

Chief Executive Officer, Kathryn Cutler, expressed excitement about the potential discovery, stating, 'This evaluation confirms a fertile porphyry system at the Mt Rawdon West Project. The geology, geophysics and geochemistry has fallen into place to determine a strong copper-gold porphyry target at Baloo and Kaa, which remain completely untested. The Company strongly believes in this project and its ability to deliver a new discovery. We are excited to get back out on the ground at Baloo and Kaa, and we look forward to testing the targets at the first opportunity.'

Summary of the exploration announcement

The recent internal and external technical reviews of the Mt Rawdon West Project have highlighted further copper-gold potential at Baloo and Kaa prospects. The identification of blind intrusives and dominant elements in soil data indicate the presence of a fertile and hydrous porphyry system. The company's ambitions include exploring for a new copper-gold porphyry system, with a focus on the Baloo and Kaa targets. The short-term exploration strategy will continue to prioritize these targets, with plans for field exploration, local mapping, surface geochemistry, a ground Induced Polarisation survey, and the first drill campaign at the Baloo and Kaa targets. Killi Resources also aims to advance its asset portfolio by exploring for a new major mineral discovery in Queensland.