Kali Metals Limited (AU:KM1) has released an update.
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Kali Metals Limited reported a successful quarter with positive drilling results at their Higginsville Lithium District and Jingellic Project, indicating notable lithium mineralisation. The company is set to continue its exploration with a Phase 2 drill program, having covered less than 1% of its extensive tenement. With a strong cash position of $9.6 million and no debt, Kali is poised for further growth under new management.
For further insights into AU:KM1 stock, check out TipRanks’ Stock Analysis page.