Killi Resources (ASX:KLI) reports that drill rigs have begun drilling at the company’s West Tanami Project in Western Australia for the company’s maiden drill programs.
The drill program will pursue gold and rare earth elements (REE) at the highly prospective project, where rigs are expected to complete circa 10,000m of aircore (AC)/reverse circulation (RC) drilling and circa 800-1,000m of diamond core respectively.
The aircore drilling will focus on the ‘high-priority’ gold and REE hydrothermal targets generated at the northern end of the tenement package from recent exploration work and historical data at Raven and Trickster.
Historical drilling over these targets has averaged 8-10m depth and has not effectively tested the mineralisation potential for either gold or rare earth element systems.
The company plans to test the prospective structures to a depth of about 100m in areas of structural complexity.
Commenting on the works program, Killi Chief Executive Officer Kathryn Cutler said: “We are extremely pleased to have the drill rigs on site starting the first drill programs for Killi.
“this is a great project, with multiple gold and rare earth targets, which we believe have not been adequately tested to this point”
This is a great project, with multiple gold and rare earth targets, which we believe have not been adequately tested to this point. With a focussed approach we plan to spend our money in the ground to unlock the full potential.”
Drilling will also be completed at the Tent Hill and Cheyenne prospects which host the prospective sediments that are present at the Kookaburra gold mine. Drilling will target the extension of these structures at Kookaburra onto Killi tenure which includes the Lyrebird prospect only 100m along strike from the tenement boundary and host to intercepts such as 12m @ 5.0g/t Au.
The diamond drill hole planned will be the first diamond hole completed on the project for gold exploration, to test the theory of a ‘Callie’-style gold system on the West Tanami Project.
The company was successful in the most recent round of Exploration Incentive Scheme funding with the Western Australian Geological survey which will contribute up to $150,000 towards the drill hole.
Killi 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 A-scale’ new discovery.
Images: Killi Resources Limited
