KM1: Nine New Gold Target Areas Identified at Marble Bar

Original announcement by asx on

Company
Kali Metals Limited
Ticker
KM1
Exchange
ASX
Region
Western Australia
Primary commodity
Gold
Secondary commodities
Lithium
Document categories
Other, Drill results
Extracted
2026-10-11 22:16:53 UTC

Analysis by Minestarters Atlas

Atlas analysis published:

Minestarters Atlas analysis

Summary

Kali Metals has identified nine new gold target areas across its Marble Bar Project, significantly expanding its discovery footprint. A helicopter-supported reconnaissance program including mapping and sampling is set to commence in mid-October to ground-truth these targets.

Reasoning: The announcement identifies significant new exploration targets and a new geological sequence (Warrawoona Group) to explore, representing a step-change in project scale.

Positive factors

  • Identification of nine new target areas significantly expanding discovery footprint
  • Exploration of highly prospective Warrawoona Group volcanic rocks for the first time
  • Proven success of targeting methodology with previous high-grade drill results

Facts used in scoring: 6

Classification and evidence

Step-Out Extensionpositive

Mineralization extended beyond the previously known limit.

Why it applies: Identification of nine new target areas significantly broadening the discovery footprint.

Evidence · text

“significantly broadening the discovery footprint beyond the four prospects drilled to date”

Bonanza Interceptpositive

Exceptionally high-grade zone, well above the deposit-type norm.

Why it applies: 2.6m @ 10.8 g/t Au exceeds the high-grade threshold for gold.

Evidence · text

“2.6m @ 10.8 g/t Au”

Extracted facts

Stored fact records: 6. Some facts used in scoring do not have a stored record.

Drill Results (6)

MBDD004Marble Bar · goldGrade: 10.8Grade Unit: g/tIntercept: 2.6 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MBDD004
Project
Marble Bar
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
KM1

Geometry

Grade
10.8
Grade Unit
g/t
Intercept
2.6 m
From
8.7 m
To
11.3 m
Intercept Depth
8.7 m

Classification

Sample Type
drill
Group ID
MBDD004:8.7-11.3

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-09T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Strong high-grade gold intercept reported in previous Phase II drilling.

Positive factors

  • High-grade intercept

Evidence · text

“2.6m @ 10.8 g/t Au from 8.7m (MBDD004)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

MBDD002Marble Bar · goldGrade: 7.4Grade Unit: g/tIntercept: 1.8 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MBDD002
Project
Marble Bar
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
KM1

Geometry

Grade
7.4
Grade Unit
g/t
Intercept
1.8 m
From
0 m
To
1.8 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
MBDD002:0-1.8

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-09-09T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: High-grade gold intercept from surface reported in previous Phase II drilling.

Positive factors

  • High-grade surface intercept

Evidence · text

“1.8m @ 7.4 g/t Au from surface (MBDD002)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

MBRC081Marble Bar · goldGrade: 3.6Grade Unit: g/tIntercept: 3 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MBRC081
Project
Marble Bar
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
KM1

Geometry

Grade
3.6
Grade Unit
g/t
Intercept
3 m
From
41 m
To
44 m
Intercept Depth
41 m

Classification

Sample Type
drill
Group ID
MBRC081:41-44

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-06-24T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Moderate grade gold intercept from previous Phase II RC drilling.

Positive factors

  • Consistent gold mineralization

Evidence · text

“3m @ 3.6 g/t Au from 41m (MBRC081)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

MBRC082Marble Bar · goldGrade: 1Grade Unit: g/tIntercept: 5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MBRC082
Project
Marble Bar
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
KM1

Geometry

Grade
1
Grade Unit
g/t
Intercept
5 m
From
41 m
To
46 m
Intercept Depth
41 m

Classification

Sample Type
drill
Group ID
MBRC082:41-46

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-06-24T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Lower grade gold intercept from previous Phase II RC drilling.

Positive factors

  • Mineralization continuity

Evidence · text

“5m @ 1.0 g/t Au from 41m (MBRC082)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

MBRC001Marble Bar · goldGrade: 2.3Grade Unit: g/tIntercept: 5 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MBRC001
Project
Marble Bar
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
KM1

Geometry

Grade
2.3
Grade Unit
g/t
Intercept
5 m
From
0 m
To
5 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
MBRC001:0-5

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-29T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Gold intercept from previous Phase I RC drilling.

Positive factors

  • Surface mineralization

Evidence · text

“5m @ 2.3 g/t Au from 0m (MBRC001)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

MBRC003Marble Bar · goldGrade: 3.2Grade Unit: g/tIntercept: 4 mHistorical resultNeeds review: historical_restatementView all details
Link to this fact

Identity

Hole ID
MBRC003
Project
Marble Bar
Commodity
gold
Region
australia_wa
Reported Region
australia_wa
Ticker
KM1

Geometry

Grade
3.2
Grade Unit
g/t
Intercept
4 m
From
0 m
To
4 m
Intercept Depth
0 m

Classification

Sample Type
drill
Group ID
MBRC003:0-4

Review

Needs Review
Yes
Review Reason
historical_restatement
Interp. Status
scored
Historical
Yes
Historical Source Date
2026-01-29T00:00:00.000Z

Dates

Event date
2026-10-11T00:00:00.000Z

Reasoning: Gold intercept from previous Phase I RC drilling.

Positive factors

  • Surface mineralization

Evidence · text

“4m @ 3.2 g/t Au from 0m (MBRC003)”

Tags used in scoring

No QA/QC Disclosurenegative

Release does not disclose QA/QC — lab certification, CP/QP sign-off and assay protocols cannot be checked from this document.

Why it applies: qaqc_disclosed is not true

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: no cutoff_grade was stated

Stale Data Re-releasenegative

Historical results re-announced with no new assays or reinterpretation — low genuine novelty.

Why it applies: the fact restates a prior release

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.