Kali Metals Confirms Shallow High-Grade Gold System at Marble Bar and Secures Full Ownership of Pilbara Projects

Maiden Drilling at Marble Bar Reveals Significant Near-Surface Gold

Kali Metals Limited (ASX:KM1) has delivered encouraging results from its maiden reverse circulation (RC) drilling program at the Marble Bar Gold Project in Western Australia. The 77-hole, 1,086-metre campaign confirmed a large-scale, shallowly dipping gold system extending over approximately 3 kilometres of strike across multiple prospects including Sherman, Tiger, Tiger 2, and Churchill.

Notably, 60% of the drill holes intersected gold mineralisation, with standout intercepts such as 5 metres at 2.3 g/t Au from surface and 2 metres at 4.1 g/t Au from 17 metres depth. The highest-grade assay recorded was 6.21 g/t Au at a vertical depth of 18 metres. Mineralisation is associated with quartz veining hosted within potassic altered granodiorite, with structural controls linked to the Mt Edgar Intrusive Complex. Evidence of parallel mineralised zones and strong down-dip continuity points to a potentially significant deposit.

Phase II Drilling Underway to Define Continuity and Extensions

Building on these results, Kali has commenced a 4,000-metre Phase II drilling program, combining 3,500 metres of RC drilling with 500 metres of diamond drilling. This campaign aims to infill the initial 200-metre drill spacing down to approximately 40 metres and test down-dip extensions of mineralisation at the key prospects. Results from this program are expected in the second quarter of 2026, which will be critical in assessing the scale and grade consistency of the system.

Full Ownership Secured of DOM’s Hill and Pear Creek Projects

Kali Metals has also solidified its Pilbara presence by acquiring the remaining 30% interest in the DOM’s Hill and Pear Creek Projects from SQM Australia Pty Ltd, thereby securing 100% ownership. This strategic move expands Kali’s gold exploration tenure by approximately 441 square kilometres and removes joint venture complexities, enabling more focused exploration efforts.

The historical drilling data at DOM’s Hill reveals multiple shallow, high-grade gold targets, with intercepts such as 18 metres at 3.4 g/t Au from 1 metre, including 5 metres at 8.4 g/t Au, and rock chip samples reaching up to 70 g/t Au. Mineralisation remains open along strike and at depth, presenting significant exploration upside. Kali plans to accelerate exploration activities here, integrating them with ongoing programs at Marble Bar. This follows the company’s earlier announcement on full control of DOM’s Hill with high-grade gold targets, underscoring its commitment to unlocking value in the Pilbara region.

Strong Financial Position Backing Exploration Push

Supporting its exploration ambitions, Kali completed a $7 million placement during the quarter, issuing 39 million shares at $0.18 each. The company closed the quarter with a robust cash balance of $8.47 million and zero debt, providing a solid runway for its drilling programs and project development. Operating and investing cash outflows were well covered by financing activities, with exploration expenditure of $919,000 during the quarter.

No activity was reported at the Higginsville Lithium Project during this period, as Kali’s focus remains squarely on advancing its gold assets. The company’s broad portfolio, spanning over 4,000 square kilometres across WA and the Lachlan Fold Belt, positions it well to capitalise on both gold and critical minerals opportunities.