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Kali Metals Limited (ASX:KM1)

ALERT: Price-sensitive ASX Announcement for KM1
Current share price for KM1 : $0.100 -0.045 (-31.03%)+
Announcement
Release
21 Apr 2026 8:54AM
Price at Release
$0.145
Full Release
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Summary
Kali Metals Limited's March 2026 Quarterly Activities Report highlights significant progress in their Marble Bar Gold Project and other ventures. The company confirmed high-grade gold mineralization through its maiden drilling program at Marble Bar, with several substantial intersections. This project, located in the Pilbara region, showed a large-scale near-surface gold system. A Phase II drilling program has begun to further explore the potential. Additionally, Kali Metals expanded its gold exploration tenure by acquiring the remaining interest in the DOM’s Hill and Pear Creek Projects, securing full ownership. The company conducted a $7 million capital raising and maintained a strong cash position with $8.47 million available, indicating financial stability and readiness for further exploration activities.
Key Points
  • Maiden drilling program confirmed high-grade gold mineralization at Marble Bar.
  • Phase II drilling program commenced to explore further potential.
  • Acquisition of full interest in DOM’s Hill and Pear Creek Projects.
  • Successful $7 million capital raising to boost exploration activities.
  • Strong cash position with $8.47 million available at quarter-end.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.