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Killi Resources (ASX: $KLI) recommences exploration at Queensland copper-gold targets

Exploration recommencement at Queensland copper-gold targets


Killi Resources Limited (ASX: $KLI) has announced the recommencement of exploration at the project with surface mapping, rock chip sampling, and ground-truthing of geophysical targets. The company is focusing on the Baloo and Kaa prospects within the main Baloo corridor, with the aim of exploring for a new epithermal-porphyry copper gold system. The Induced Polarisation geophysical survey is planned to commence in the coming weeks to determine potential sulphide bodies beneath the geochemical targets.

Executive Commentary on Exploration Resumption


We're excited to be back out on the ground in Queensland at Baloo and Kaa. Field mapping has started with an IP Survey planned to commence in coming weeks. We remain focused on exploring for a new large-scale copper-gold system and look forward to reporting the results to market as they become available.

Exploration Resumption and Future Outlook


Killi Resources Limited (ASX: $KLI) has resumed exploration at the Baloo and Kaa prospects in Queensland, focusing on the potential for a new large-scale copper-gold system. The company plans to conduct surface mapping, rock chip sampling, and ground-truthing of geophysical targets to understand veining, alteration, and geology of the targets. The Induced Polarisation geophysical survey is scheduled to commence in the coming weeks to identify potential sulphide bodies beneath the geochemical targets. Killi Resources aims to use the results of this work to provide drill targets for testing in the future. The company's exploration efforts are part of its broader goal to make a major mineral discovery at its projects in Western Australia and Queensland. Killi Resources also retains copper rights to the Balfour Project in the Pilbara of Western Australia and has recently entered into an Earn-In Joint Venture with Gold Fields at its West Tanami Project in the Tanami. The company's focus on exploration and potential discoveries reflects its ambitions for growth and development in the mining sector.

KILLI RESOURCES LIMITED
KLI | ASX | Materials
0.04-0.003(-6.98%)
At close 05/07 (AEDT)
Market cap
$5.2M
Volume
878,405
DY Yield
0
PE Ratio
0
52 Week Range
0.03 - 0.08
1YR Return
N / A

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