West Tanami (Gold & REE, WA)

In a snapshot

  • A district scale project ~1900kms north-east of Perth, 200kms south-east of Halls Creek in WA.
  • 1,634km2 tenement package geared to find large scale gold deposits.
  • Adjacent to an +15M oz goldfield which includes >8M oz Callie Deposit (Newmont).
  • Last explored 1980’s to early 2000’s by Goldfields, Barrick and Tanami Gold NL
  • 85% tenement has shallow transported cover.
  • No deep drilling (average depth 40m) and no diamond or RC on the tenements.

No drilling to effectively test bedrock.

  • Multiple targets generated based on Callie geochemical signature.
  • Potential for REE’s with 95kms of strike identified.

Killi owns 100% of the West Tanami  Project in the north-east of Western Australia. The land holding totals 1,634km2 of granted tenure over 100km strike of the major gold corridor, Tanami Fault System, with existing gold endowment of the Tanami Gold Province greater than 19M oz Au.

Within the district there are multiple gold deposits which include Callie Gold Mine (Newmont, ~13Moz Au), the Tanami Goldfields (3M oz Au), Twin Bonanza (1.5M oz Au) and the Coyote and Kookaburra mines (Norther Star, ~1M oz Au).

Figure 1 - Location of West Tanami Project in relation to existing Mines in the Tanami Region.

Aside from gold, recent work completed by explorers in the area have highlighted the potential for hydrothermal Rare Earth systems within the district.

85% of the tenement package is covered by shallow transported cover (12-15m depth) which provides an opportunity for the discovery of a new mineralisation system.

West Tanami - Gold Targets

Killi has generated multiple gold targets by using similar analogues to that of Callie Gold Mine (Newmont), Coyote (Northern Star) and Kookaburra (Northern Star), as these systems have unique styles of mineralisation.

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

Multiple geochemical anomalies are evident throughout the project, at Oracle, Navajo, Hermes, Pennacock, and Pawnee.

1. Callie Corridor

  • Main mineralising fault from the Callie Gold Mine crosses through the centre
    of the northern tenement held by Killi, more commonly known as the D5 fault structure.
  • RAB/AC drilling by Barrick Gold identified a 7.5km strike anomaly >30ppb Au – Oracle.
  • Barrick completed a wide spaced (500m grid) shallow first-pass aircore drill
    program at Oracle which returned
    o 9m @ 93.1ppb Au from 56m (BLAC1777), and 10m @ 31.6ppb Au from 83m (BLAC1786) downhole
    o Rock chips – 2.2g/t Au, 2.48g/t Au, & 0.7g/t Au with 4.5g/t Ag
  • These results remain open and untested in bedrock, a priority one target for the Company.

2. Coyote Corridor

  • Lies adjacent to the Coyote Gold mine (Northern Star)
  • Associated with high gravity responses from geophysical surveys, representing intrusive bodies within the sediment sequences.
  • Shallow RAB/AC holes over magnetic anomalies, identified As (>100ppb) and Au (>50ppb) anomaly.
  • Spacing of RAB/AC is wide, 1600m x 100m.
  • Average depth of holes is 23m, where there is 25-30m of sand cover.
  • Best intercepts from RAB: 3m @ 1.05g/t Au from surface (BRPH2817) & 3m @ 1.0g.t Au from 34m (SSPH0755).
  • Rock chip sample: 1,000ppm W, 40ppb Au, 37ppm Bi, 5,700ppm As, 480ppm Cu, 780ppm Zn – All significant pathfinder elements.
  • Structurally complex

3. Kookaburra Trend

  • Lies adjacent to the Kookaburra Gold Mine (Northern Star)
  • Two additional gravity high responses identified north of Kookaburra on Killi tenements.
     Navajo has a 10x background gold RAB/AC anomaly, 4km in length
    and 0.3km in width
  • Folded sedimentary sequence with gold mineralisation plunging into Killi ground.
  • Existing (AC) drill intercepts of 1m @ 9.1g/t Au from 30m. (LGB0608), north of Kookaburra. Drilling 400m lines by 200m drill spacing.
  • Lyrebird – (off the tenement) intercepts of:
     12m @ 5.0g/t Au (LGB0427) – 600m from Killi tenement
     11m @ 3.6g/t Au (LGC0052)
     13m @ 11.5g/t Au (LGC0073) – 3km from Killi tenement
    Remain untested on Killi ground.

West Tanami - REE’S

In a snapshot

  • Recent work completed in the Tanami region has highlighted the potential for a significant Rare Earth discovery in the Tanami region, specifically West Tanami.
  •  Collectively 95kms of rare earth strike has been identified within the Killi tenements
  •  Three prospects have been initially determined for rare earth mineralised potential on the tenement package being Oracle, Bannock and Chickasaw, due to their proximity to PVW Resources structure and the presence of a geological unconformity.

‘Balwina’ indicate the estimated location of the prospective unconformity highlighted by PVW Resources.

Three REE prospects have been identified at the project as a starting point for REE investigation over a collective strike length of almost 100km and which will be referred to as Bannock, Chickasaw and Oracle.

The Bannock Prospect occurs on along strike to the west from the Killi Killi East and Watts Rise prospects on the PVW Resources (PVW) Tanami Project where they have returned high grade TREO rock chip results. The structure/unconformity is interpreted to carry on from the tenement boundary with PVW for a further 45km into Killi’s ground.

Chickasaw is the third REE prospect at the project, located on tenement E80/5102. Existing mapping provided by the GSWA 1:100k map sheet ‘Balwina’ indicates the presence of a sandstone within the Killi Killi Formation.