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An announcement from Kali Metals Limited ( (AU:KM1) ) is now available.
Kali Metals Limited has reported a strong cash position of $4.95 million at the end of the June 2025 quarter, driven by successful exploration at its Marble Bar Gold Project. The company expanded its tenure by acquiring additional tenements, which increased the project area to approximately 96 square kilometers. High-grade gold assay results were obtained from rock chip samples, and a significant 3km strike length of gold-bearing outcrop has been identified. The company is preparing for its first-ever drilling program at the site. Additionally, Kali Metals is seeking approval for a maiden drill program at its Southern Lachlan Fold Belt project, following high-grade tin results.
More about Kali Metals Limited
Kali Metals Limited operates in the mining industry, focusing on gold exploration and development. The company is primarily engaged in expanding its Marble Bar Gold Project in the Pilbara region, where it has shifted its focus to gold following successful exploration activities.
Average Trading Volume: 113,068
Technical Sentiment Signal: Buy
For detailed information about KM1 stock, go to TipRanks’ Stock Analysis page.