Closing Bell: Screwball takeovers and lack of war lifts ASX, small caps stunned – Stockhead

Killi’s (ASX:KLI) district-wide evaluation has identified new gold prospects over 100km in strike within the Tanami gold province, host to more than 18Moz of gold.

These gold targets, which have been generated using similar analogues to that of Newmont Corporation’s (NYSE:NEM) Callie Gold Mine, and Northern Star’s (ASX:NST) Kookaburra and Coyote gold mines, are on top of the 95km of rare earths strike recently identified at Killi’s Tanami Gold Project.

Three corridors have been established over the project to prioritise KLI’s exploration strategy and represent the major gold systems they are associated with, Callie Corridor, Kookaburra Trend, and the Coyote Corridor.

The company says it is making plans for drilling in the 2022 field season with field work to begin as soon as possible.

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