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Kali Metals Limited (ASX:KM1)

ALERT: Price-sensitive ASX Announcement for KM1
Current share price for KM1 : $0.095 -0.005 (-5%)+
Announcement
Release
24 Jun 2026 10:08AM
Price at Release
$0.100
Full Release
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Summary
Kali Metals Limited (ASX: KM1) announced the results of its Phase II drilling program at the Marble Bar Gold Project in Western Australia. The program, which included 4,059 meters of reverse circulation drilling and 281.7 meters of diamond drilling, confirmed down dip extensions of previously identified mineralisation from the Phase I drilling. Among the significant intersections were 2 meters at 1.6 grams per tonne (g/t) and 3 meters at 3.6 g/t. These results indicate that the gold mineralisation extends deeper than initially observed. Kali Metals plans to continue the exploration with further interpretation of results and additional soil sampling over newly acquired tenements. The company anticipates receiving more results from both the remaining reverse circulation and diamond drilling, as well as from the soil sampling programs in the near future.
Key Points
  • Kali Metals Limited completed Phase II drilling at Marble Bar confirming down dip extensions.
  • Phase II drilling included 4,059m of reverse circulation and 281.7m of diamond drilling.
  • Results show mineralisation continues down dip of Phase I results.
  • Significant intersections include 2m @ 1.6g/t in multiple holes and 3m @ 3.6g/t in Hole MBRC081.
  • Future activities include interpretation of results and soil sampling over new tenements.
  • Kali is awaiting further results from diamond drilling and soil sampling programs.
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.