Killi Resources Unveils High-Priority Drill Targets at Mt Rawdon West
Killi Resources has identified promising new mineralisation zones and defined priority drill targets at its Mt Rawdon West Project in Queensland, setting the stage for an active exploration campaign backed by solid funding.
- New gold-copper mineralisation zones discovered at King Louie prospect
- Baloo prospect hosts a 1,400m copper-gold-molybdenum soil anomaly with high-grade assays
- Priority drill targets defined at Baloo, coinciding with geophysical anomalies
- Active field season planned including ground truthing, infill sampling, and drilling
- Company well-funded with approximately $2.4 million in cash and investments
Exploration Breakthroughs at Mt Rawdon West
Killi Resources Limited (ASX, KLI) has announced significant progress in its exploration activities at the Mt Rawdon West Project, located near Bundaberg in Queensland. The company’s recent reconnaissance soil sampling has revealed new areas of mineralisation, notably at the King Louie prospect, where assays returned peak values of 640 parts per billion (ppb) gold and 2,499 parts per million (ppm) copper. These findings have opened fresh avenues for follow-up exploration east of the previously known Kaa Prospect.
Simultaneously, the Baloo prospect has emerged as a high-priority target. Here, a substantial 1,400-metre-long soil geochemical anomaly rich in copper, gold, molybdenum, and bismuth has been delineated. This anomaly aligns with major intrusive geological bodies and significant regional structures, and is supported by coincident shallow induced polarisation (IP) chargeability highs, enhancing its prospectivity.
Strategic Drilling Plans and Geological Context
The Baloo prospect’s anomaly is particularly compelling due to its scale and grade, with peak soil assays reaching 1,760 ppb gold and 602 ppm copper. The area’s complex geology includes the Tenningering Granodiorite and ‘rafts’ of Curtis Island Group sediments, intersected by the Mt Rawdon Fault. Notably, geophysical surveys have identified signatures typical of blind intrusive porphyry bodies; key hosts for copper-gold mineralisation; at the junction of major granodiorites.
Killi is preparing to finalise drill sites at Baloo, aiming to test these priority targets as soon as practicable. The company’s exploration strategy also includes ground truthing and infill sampling at King Louie to better define the extent of the anomalies. These efforts are supported by approximately $2.4 million in cash and investments, underscoring Killi’s capacity to advance its exploration program without immediate funding concerns.
Broader Project Significance and Next Steps
The Mt Rawdon West Project is an early-stage exploration asset strategically positioned between Evolution Mining’s Mt Rawdon Gold Mine and SolGold’s Mt Perry Project. The project’s large-scale geochemical and geophysical anomalies, combined with the presence of mineralised veins and alteration halos confirmed in prior drilling, suggest potential for significant intrusion-related gold and porphyry copper-gold systems.
Looking ahead, Killi plans an active field season, including further geochemical sampling and geophysical surveys to extend coverage over the largely untested project area. The company’s methodical approach aims to refine drill targets and unlock the full potential of this promising mineral province.
Bottom Line?
Killi Resources is poised to transform its Mt Rawdon West Project from promising anomalies to tangible discoveries, with drilling campaigns set to reveal the true scale of its mineral potential.
Questions in the middle?
- Will upcoming drilling at Baloo confirm the presence of economically viable copper-gold mineralisation?
- How extensive are the newly identified mineralised zones at King Louie beyond current sampling limits?
- What impact will these exploration results have on Killi’s valuation and future capital raising strategies?
