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The latest announcement is out from Kali Metals Limited ( (AU:KM1) ).
Kali Metals Limited has announced the acquisition of a new tenement, E45/6389, expanding its Marble Bar Gold Project by 28.8 square kilometers. This strategic acquisition is significant as it lies adjacent to Kali’s existing land and is along the strike of a previously identified gold-in-soil anomaly. The company plans to commence exploration immediately, leveraging existing heritage arrangements, and anticipates releasing results from a recent rock chip collection soon. This expansion enhances Kali’s exploration potential and operational efficiency in a region experiencing high gold prices.
More about Kali Metals Limited
Kali Metals Limited is a company operating in the mining industry, primarily focusing on gold exploration and development. Its key project is the Marble Bar Gold Project located in the Pilbara region, which is known for its gold prospectivity.
Average Trading Volume: 91,088
Technical Sentiment Signal: Sell
Find detailed analytics on KM1 stock on TipRanks’ Stock Analysis page.