PROJECTS
OVERVIEW –

Kalia is targeting energy metals across a range of mineralisation styles.

KALIA
LIMITED

INDIANA —

The Indiana project is targeting the potential for sulphide mineralisation within the Riddock Amphibolite and later intrusives within the Irindina Province, with the existing Baldrick and Blackadder Prospects within the tenement area as guides. Additionally, the presence of historic mica workings within pegmatites is an indication of potential for pegmatites to host metals within the project area.

The occurrence of mafic-ultramafic igneous-related nickel, PGE, chromium, and cobalt is closely related to mafic-ultramafic igneous rocks derived from the mantle. Based on known resources in Australia, the continent appears to be under-represented in world-class intrusion-hosted nickel, PGE, and chromium deposits despite Australia’s favourable geology for such deposits.

Extensive geophysical exploration by previous explorers have identified a number of prospects with limited ground follow-up exploration.

The most significant of these prospects is the neighbouring Basil Copper Cobalt Deposit (EL26942) where in early 2012, a JORC 2004 Code – compliant Inferred Mineral Resource was delineated of 26.5Mt @ 0.57% copper, 0.05% cobalt from surface. The Basil deposit lies within a broader 10 kilometre trend of amphibolite and calcsilicate rock types of the Irindina Province on the contact with the Aileron Province.

Further exploration licence applications have been made in the area however there is no guarantee of the grant by the Northern Territory Government.

MT DENISON —

Kalia’s Mt Denison Copper-Gold-Uranium project is located in the Peake Hill area of South Australia approximately 60km southeast of Oodnadatta.

Mt Denison is considered prospective for Iron Oxide Copper-Gold (IOCG) hosted mineralisation given the following attributes:

  • Location: an inlier of Paleoproterozoic rocks adjacent to the NE margin of the Gawler Craton;
  • Structure: parallels and is constrained by regional NW striking structures;
  • Mineralisation: historic copper workings prevalent in the area interpreted to be remobilised from basement lithologies – Copper mining occurred in the Peake Denison Inliers during the late 1890s and early 1900s from numerous mines and shafts;
  • Magmatism: Palaeoproterozoic and Mesoproterozoic igneous intrusives and extrusives known in the area; and
  • Alteration: density highs potential indicator of hematite alteration.

 

A secondary exploration target at Mt Denison is sediment-hosted uranium mineralisation in Mesozoic and younger sediments which unconformably overlie the Proterozoic basement. Kalia believes Mt Denison has all the components for sedimentary uranium deposition:

  • Source: radiogenic basement outcropping at Peake-Denison Ranges;
  • Path: thick sequences of gently dipping, porous sandstone adjacent to source; and
  • Trap: confining shale formations and reduced components in sandstone (pyrite, organic matter).

Kalia has completed detailed ground gravity and airborne magnetic / radiometric surveys over the project area identifying several targets of interest beneath sedimentary cover.

In late 2016, the Mt Denison Copper-Gold-Uranium project was awarded $200,000 in PACE Discovery Drilling co-founding from the Government of South Australia.

STUART SHELF —

Kalia’s Stuart Shelf Copper-Gold-Uranium project lies with the Olympic Copper-Gold Province host to Olympic Dam, Prominent Hill, Carrapateena, Hillside and other recent discoveries.

The northern areas of the Olympic Copper-Gold Province remain under-explored due to thick sedimentary cover.

3D inversion modeling conducted by Kalia shows a large magnetic anomaly interpreted as deep intrusive extending up from extreme depth to 5km below surface with amplitude and depth similar to inferred deep intrusive below Olympic Dam that provided heat source to drive mineralising fluids.

The gravity model shows zones of high density wrapping around the deep magnetic body and extending upwards.

Magnetics and gravity data reveal deep NW/SE crustal structure parallel to regional trend and aligned with known Iron Oxide Copper-Gold (IOCG) deposits.

PENDING APPLICATIONS —

Kalia has lodged exploration licence applications for the Tore region of the Autonomous Region of Bougainville, Papua New Guinea. The Chief Mining Warden hearings for these applications were completed in September 2017.

Kalia has lodged several exploration licence applications in Western Australia targeting Nickel-Copper-Platinum Group Elements; Zinc-Copper-Lead and Uranium mineralisation. Please see our recent ASX Announcements for details of these applications.