Kali Metals has expanded gold mineralisation at its Marble Bar Gold Project to a 2km strike length, including a 600m extension into the newly acquired Peggy tenement, with high-grade rock chip results up to 19.1 g/t Au. The company is now preparing for its first drilling campaign to test these promising targets.
- Gold mineralisation strike length extended to 2km at Marble Bar Project
- 600m extension into newly acquired Peggy tenement with high-grade rock chips
- Rock chip samples up to 19.1 g/t gold, averaging 2.5 g/t Au at Tiger and Sherman prospects
- New target zone identified between Tiger and Sherman prospects via UAV magnetic survey
- Maiden drilling program planned to test high-priority gold targets
Expanding the Gold Footprint
Kali Metals Limited (ASX, KM1) has announced a significant extension of gold mineralisation at its Marble Bar Gold Project in Western Australia's Pilbara region. Recent exploration activities have defined a cumulative 2-kilometre strike length of gold-bearing outcrop, combining 1.7km at the Tiger Gold Prospect and 0.3km at the Sherman Gold Prospect. This milestone underscores the growing potential of the project as a notable gold exploration play.
Notably, the company’s recent acquisition of the Peggy tenement (E45/6389) has yielded a 600-metre extension of mineralisation at the Tiger Prospect. Rock chip sampling across this newly acquired ground has returned impressive gold grades, including standout assays of 7.9 g/t, 7.1 g/t, 6.1 g/t, and 5.9 g/t Au. These results reinforce the prospectivity of the area and the strategic value of the acquisition.
High-Grade Surface Sampling
To date, Kali Metals has collected 60 rock chip samples at Tiger, with gold grades reaching as high as 19.1 g/t and averaging 2.5 g/t Au. At Sherman, located approximately 2km east of Tiger, 10 samples have been taken, also averaging 2.5 g/t Au with peak results up to 6.6 g/t. While rock chip samples represent point data and cannot alone define resource continuity, these high-grade surface results provide compelling targets for further investigation.
Complementing the geochemical work, Kali commissioned a high-resolution drone magnetic survey covering roughly 4km of the project area. This geophysical data, integrated with publicly available hyperspectral imagery, has identified a new alteration zone situated between the Tiger and Sherman prospects. This zone is now a focus for ongoing fieldwork, potentially adding another dimension to the project’s exploration upside.
Looking Ahead, Drilling and Detailed Studies
With the target delineation phase nearing completion, Kali Metals is advancing plans for its maiden drilling program. The upcoming drill campaign aims to test the high-priority targets along the 2km mineralised trend, including the newly identified alteration zone. This step is critical to move beyond surface sampling and begin assessing the subsurface continuity and grade distribution of the gold mineralisation.
In parallel, the company is conducting petrological and mineralogical studies with Microanalysis Australia to better understand the alteration and mineralisation controls. Additional drone surveys and reconnaissance sampling are also planned over recently granted tenements to expand the project’s footprint and identify further drill targets.
Strategic Positioning in a Prospective Region
The Marble Bar Gold Project covers 96 square kilometres in a geologically favourable setting comprising the Mount Edgar Granitic Complex and the Warrawoona Greenstone Belt. Kali Metals’ exploration approach builds on historical data and recent lithium-focused work, pivoting towards gold as a primary target. The project’s proximity to established gold operations and infrastructure enhances its strategic appeal.
Managing Director Paul Adams highlighted the significance of the recent results, stating that the extended mineralised corridor and new geophysical targets mark a major milestone. The company’s methodical progression from surface sampling to drilling reflects a disciplined exploration strategy aimed at unlocking value for shareholders.
Bottom Line?
Kali Metals’ expanded gold footprint and imminent drilling program set the stage for a critical phase in defining the Marble Bar Project’s resource potential.
Questions in the middle?
- Will drilling confirm the continuity and grade of gold mineralisation along the 2km strike?
- How significant is the newly identified alteration zone between Tiger and Sherman in terms of gold potential?
- What impact will upcoming assay results from remaining rock chip samples have on project valuation?