Gold Anomaly increases 80% to >9km at Marble BarHighlights
https://hotcopper.com.au/threads/ann-gold-anomaly-increases-80-to-over-9km-at-marble-bar.8410107/?post_id=77489142
• Kali Metals Limited (ASX: KM1) (“Kali” or “the Company”) is pleased to announce further results from its100%-owned Marble Bar Gold-Lithium Project in Western Australia (Refer Figure 1)1
• Kali has increased the recently identified (December 2024)2 gold-in-soil anomaly trend by 80% from 5.1km to a 9.5 km cumulative, coherent strike length by assaying 619 historical soil samples not previouslytested for gold
• Currently, less than 1 km of gold-in-soil trend has been mapped in the field. Reconnaissance to date hasidentified two Prospects (Tiger and Sherman) 3 with gold-bearing quartz veins on surface measuring up to7m in width, 120m in length and up to 4.0g/t gold at surface4
• At the Panther Lithium Prospect, two channels (31m and 9m length), cut across the main pegmatiteoutcrop, returned results with average grades of 0.14% Li2O and 0.48% Li2O, respectively
Paul Adams, Managing Director of Kali Metals commented:“We are extremely pleased with the gold soil sample assay results. The cumulative length of theanomaly is exciting at 9.5 km, and so far, we have mapped only 10% of that length in the field. The trendof the main soil anomaly matches the orientation of discovered quartz veins already recorded at boththe Tiger and Sherman Prospects, giving us confidence in the soil results. Now that the Christmas breakis behind us, we are scheduled to recommence the field work and continue ground-truthing the entiresoil anomaly during Q1 2025. This is expected to identify and define potential drill targets.In light of these promising results, Kali is shifting its primary focus at Marble Bar to gold exploration,with lithium remaining an important but secondary focus.”
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