Killi Resources (ASX:KLI) announces a drill program targeting potential hydrothermal rare earth mineralisation at the West Tanami Project has been completed.
The company drilled two first pass lines across a major regional structure interpreted from airborne magnetic data and radiometric anomalies.
Some 52 aircore and 3 reverse circulation drillholes were drilled at the company’s REE exploration targets in the north of the project.
About 100 rock chip samples were collected, as well as more than 200 soil samples at the Bannock prospect, 3.5km along strike from known REE mineralisation.
Addressing the drill program, Killi CEO Kathryn Cutler commented: “The field season has been progressing well in the Tanami, with drilling now completed at the Trickster and Deva rare earth prospects.
“The field season has been progressing well in the Tanami”
The area has had no previous drilling, and this is very much a greenfields target. These first pass drill lines have returned favourable geology consistent with the style of mineralisation being targeted, so we are all very excited to see what the assays yield.”
Killi Resources is a gold, copper and rare earth explorer with four wholly owned assets in Australia, with a focus on the Tanami region of Western Australia.
The company is focussed on underexplored provinces with the potential for a large-scale new discovery.
Killi owns 100% of the West Tanami Gold Project in the north-east of Western Australian.
The land holding totals 1,634km-square of granted tenure over 100km strike of the major gold corridor, Tanami Fault System, with existing gold endowment of the Tanami Gold Province greater than 19Moz Au.
Aside from gold, recent work completed by explorers in the area have highlighted the potential for hydrothermal rare earth systems, within the district.
Some 85% of the tenement package is covered by shallow transported cover (12-15m depth) which provides an opportunity for the discovery of new mineral systems.
Images: Killi Resources Limited
