Quarterly Activities/Appendix 5B Cash Flow Report
| Stock | Killi Resources Ltd (KLI.ASX) |
|---|---|
| Release Time | 29 Apr 2026, 11:07 a.m. |
| Price Sensitive | Yes |
Killi Resources Quarterly Activities/Appendix 5B Cash Flow Report
- Significant copper and gold mineralisation identified at Mt Rawdon West Project
- Drilling program approved for Mt Rawdon Fault prospect under Queensland Government grant
- Exploration at West Tanami Gold Project progressing well with Gold Fields Limited
Killi Resources Limited (ASX: KLI) has provided its exploration and corporate activities report for the quarter ending 31 March 2026. The company's focus is on the 100% owned Mt Rawdon West Project in Queensland, where it has identified significant copper and gold mineralisation. Key highlights include the identification of the King Louie gold-copper-molybdenum breccia as a high-ranking drill target, and the definition of priority drill targets at the Baloo prospect, including the Rawdon Fault copper-gold-molybdenum anomaly and the Wonbah Shaft target. The company has received a Queensland Government Collaborative Exploration Initiative (CEI) grant to drill the Rawdon Fault target. Exploration at the West Tanami Gold Project in Western Australia, which is under a joint venture with Gold Fields Limited, is also progressing well, with several areas of interest identified from regional soil sampling. Corporately, Killi has strengthened its board and management team with the appointment of Neville Power as Non-Executive Chair, and the engagement of industry leaders Hamish Halliday, Steve Parsons and Michael Naylor as consultants. The company has also completed a $1.4 million placement to fund its ongoing exploration activities.
Killi Resources is progressing towards drilling of priority targets at the Mt Rawdon West Project, including the King Louie Breccia gold anomaly and the Rawdon Fault and Wonbah Shaft copper-gold targets. At the West Tanami Gold Project, the proposed program for the 2026 field season includes field validation of identified targets, with more detailed soil sampling and/or drilling to be considered based on merit.