The Marble Bar Project (77km²) is located 200km southeast of Port Hedland and 1,300km north northeast of Perth. Pursuant to the updated terms of Kali’s Earn-In Agreement with SQM, Kali now holds a 100% interest in the Marble Bar tenements.

The Marble Bar Project is located along the margin of the Moolyella tin and tantalum alluvial field and contains numerous local occurrences of mapped lithium-enriched pegmatites. The Company is excited about the lithium potential, with the tenements located due south of Archer lithium deposit. Previously, a 1.4km long LCT pegmatite outcrop was located by Kalamazoo Resources Limited prior the Company’s official admission to the ASX in January 2024, with the spodumene-lepidolite mineralogy confirmed in thin sections The main pegmatite hosts lithium mineralisation up to 2.8% Li₂O.

The Company is also excited about the Project’s gold potential, recently discovering a large, coherent gold-in-soil anomaly, cumulatively > 5.1km in strike length. Seven rock-chip samples collected from the Sherman Prospect, with best results up to 4 g/t gold, returned from a quartz vein measuring 120m in length and up to 7m in width. This follows the discovery of gold in veins at the Tiger Prospect, 2km west of Sherman, with rock-chip results up to 3 g/t gold in quartz veins up to 5m wide in outcrop, over a 400x400m area.

Kali has also obtained > 600 historical soil samples not previously assayed for gold. These samples were collected on a 200x100m grid in 2021 by Kalamazoo.