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Kali Metals Limited ( (AU:KM1) ) just unveiled an update.
Kali Metals Limited announced a significant increase in the gold-in-soil anomaly at its Marble Bar project, extending it by 80% to a total of 9.5 kilometers. This development comes as the company shifts its primary focus towards gold exploration while retaining lithium as a secondary interest. The findings are expected to lead to the identification and definition of potential drill targets, enhancing the company’s exploration strategy and potentially impacting its market positioning. The company’s strategic adjustments include retaining full ownership of the Marble Bar Project and renegotiating a joint venture with SQM Australia for other projects.
More about Kali Metals Limited
Kali Metals Limited is a company involved in the exploration of gold and lithium, with a significant focus on its Marble Bar Gold-Lithium Project in Western Australia. The company’s operations are situated in the Pilbara region, leveraging geological formations such as the Mount Edgar Granitic Complex and Warrawoona Greenstone Belt.
YTD Price Performance: 0%
Average Trading Volume: 147,670
Technical Sentiment Consensus Rating: Strong Buy
See more data about KM1 stock on TipRanks’ Stock Analysis page.
