Killi Resources Drills Strong Results at Rocky Prospect

THE DRILL SERGEANT: Killi Resources (ASX: KLI) recently completed its first RC drilling program on the Rocky prospect within the company’s Ravenswood North project in Queensland.

Killi Resources completed five RC holes into a gold-silver-copper-molybdenum geochemical target it had identified in 2022.

All five holes intersected the Ravenswood granitoids, which Killi explained are the desired host rocks for gold mineralisation.

Results of mineralised intersections of gold and/or silver were returned, including:

2 metres at 1.58 grams per tonne gold, 9.75g/t silver, and 0.23 per cent lead from 177m
1m at 2.38g/t gold, 10.2g/t silver, and 0.28 per cent lead from 32m
5m at 6.9g/t silver, including 2m at 15.6g/t silver from 160m and
1m at 1.26g/t gold from 163m.

Killi has interpreted the results from the first five holes as being consistent with first pass drilling results of gold deposits within the district, and likely represent proximity to a potential intrusive gold system.

“We are all very excited with the discovery of a significantly mineralised granodiorite at Rocky,” Killi Resources CEO Kathryn Cutler said in the company’s ASX announcement.

“It’s a fantastic result for the first holes at the Ravenswood North project.

“These first drill holes have not only come back with broad zones of gold, silver, copper and lead mineralisation, they are also located close to surface, and within the same rock suite as the near-by major gold deposits.

“The results of the geophysics also indicate we are in the thick of it, and only 200 metres from one of the major targets.

“Rocky is fast becoming a priority for Killi, and based on these results and the targets generated, we plan on completing a targeted drill program in coming months.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE