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The latest update is out from Kali Metals Limited ( (AU:KM1) ).
Kali Metals Limited has announced a significant milestone in its Marble Bar Gold Project, extending the strike length of gold mineralization to a cumulative 2km. This includes 1.7km at the Tiger Gold Prospect and 0.3km at the Sherman Gold Prospect. Recent rock chip results from the newly acquired ‘Peggy’ tenement have shown high-grade gold, with standout results at the Tiger Gold Prospect reaching up to 19.1 g/t gold. The company has also completed a high-resolution UAV magnetic survey to better understand the geological structures and is planning a maiden drill program to test high-priority targets along the 2km trend. This development marks a major step in delineating the mineralized corridor and could enhance Kali Metals’ positioning in the gold exploration sector.
More about Kali Metals Limited
Kali Metals Limited operates in the mining industry, focusing on exploration and development of mineral resources. The company is primarily engaged in gold exploration, with a significant focus on its Marble Bar Gold Project located in the eastern Pilbara region of Western Australia.
Average Trading Volume: 81,334
Technical Sentiment Signal: Sell
See more data about KM1 stock on TipRanks’ Stock Analysis page.