- Killi Resources (KLI) gears up for a maiden drilling program at its West Tanami project in Western Australia
- Drill rigs are mobilising to site to begin the campaign comprising of aircore, reverse circulation and diamond drilling targeting gold and rare earth elements
- Ahead of drilling, surface mapping identified quartz veins at surface which KLI says is “exciting” given the association between gold and quartz veins in the district
- The quartz veins will be sampled to add to the project’s geological model and provide additional information to assist with the interpretation of the drill results
- Company shares last traded at 14.5 cents on July 13
Killi Resources is gearing up for a maiden drilling program at its West Tanami project in Western Australia.
The project is situated in the north-east of the state in the same district as Newmont Mining’s (NEM) Callie Gold Mine.
Drill rigs are mobilising to site to begin the campaign comprising of aircore, reverse circulation and diamond drilling.
Aircore and reverse circulation drilling will focus on gold and rare earth element hydrothermal targets in the northern part of the tenement which were identified from recent exploration and historical data.
Additionally, the first diamond drill hole at the project is planned to a depth between 800 and 1000 deep to test a ‘Callie’ style gold system.
Killi received funding under the Exploration Incentive Scheme with the Australia Geological survey which will contribute up to $150,000 towards the diamond hole.
In preparing for this round of drilling, the company completed the first instance of surface mapping ever completed over the area and identified quartz veins at surface.
CEO Kathryn Cutler said this mineralisation was exciting to see, given the association between gold and quartz veins in the district.
The company will sample the quartz veins and sediments across the prospect to add to the project’s geological model, and provide additional information to assist with the interpretation of the drill results.
The maiden drilling program is scheduled to start this month and continue over six to eight weeks.
Company shares last traded at 14.5 cents on July 13.