
Kali Metals (ASX:KM1) has confirmed down-dip extensions of gold mineralisation at its Marble Bar Gold Project after receiving initial assay results from its Phase 2 drilling programmeme, including an intersection of 5m at 1.0 gramme per tonne of gold.
The initial results follow up on the findings from the Phase 1 drilling programme completed in December 2025, which previously intersected 2m at 4.1 grammes per tonne of gold from a depth of 17m.
“These early results demonstrate that gold mineralisation of similar width and tenor continues down dip of the surface-lying Phase 1 results,” said Kali Metals Managing Director Paul Adams.
The completed drilling programme comprised 4,059m of reverse circulation drilling and 281.7m of diamond drilling to test extensions at depth across the Sherman, Churchill, and Tiger prospects.
Following the announcement, the Kali Metals share price was down at $0.09.
The exploration company maintains a portfolio covering 4,029sqm of tenure prospective for gold, lithium, and critical minerals across Western Australia and the Southern Lachlan Fold Belt.
The business previously consolidated its position in the Pilbara region by securing a capital raising of approximately $7 million to fund these systematic exploration activities.