Past year: ▼ 66%(6.70c – 19.5c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
15 Nov 2022drilling progress report● Neutral
The Canegrass IP survey, delayed from the September quarter, started 15 November 2022 with Moombarriga Geoscience. It covers 7.7 line km to look for deeper targets beneath the March 2022 RC holes; further drilling depends on the results.
21 Oct 2022regulatory community update▲ GoodMajor
Exploration licence EL 6856 was granted, covering 991 km2 of the Loxton Sands in South Australia's Murray Basin, to explore for rare earth elements in clays. This adds a new commodity to a gold-focused portfolio, near Australian Rare Earth's Koppamurra project.
13 Sept 2022half year report● Neutral
Half-year to 30 June 2022: Halls Creek field work is postponed to 2023 pending Kimberley Land Council heritage obligations. Gidyea exploration is targeted for April 2023, and a rare earths licence application in South Australia was lodged in August 2022. Canegrass IP survey is planned for late 2022.
15 June 2022regulatory community update▼ Bad
The company admits it signed a tenancy with director Long Zhao in March 2021 without the shareholder approval required under Listing Rule 10.1. It has now cancelled the lease and Zhao refunded the $65,000 of rent paid.
4 Apr 2022drilling result▲ GoodMajor
Canegrass RC results were modest but encouraging: best 3 m @ 0.6 g/t gold (including 1 m @ 1.0 g/t) and 1 m @ 1.4 g/t, with some 4 m composites to be resampled. Further drilling may be warranted after data review. This follows up the 2020 Aircore 3.96 g/t hit.
30 Mar 2022annual report● Neutral
Appendix 4G governance checklist lodged with the 2021 annual report, pointing to the governance statement on the company website. Administrative only; no new operational or financial information.
30 Mar 2022annual report● Neutral
2021 annual report restates known operations: Canegrass RC drilling done in February 2022 with results awaited, Halls Creek follow-up in Q2 2022, Gidyea granted. Chairman says Yitai provides a $2.4m interest-free unsecured loan facility plus up to $1m support until April 2023.
17 Feb 2022drilling progress report● Neutral
The seven-hole Canegrass RC program was completed; hole CGRC004 stopped at 72 m because of clay, while the others reached 90 m. 285 samples went to the lab, with results expected in 3-4 weeks.
7 Feb 2022drilling spud▲ GoodMajor
RC drilling began 7 February 2022 at Canegrass: seven holes for 630 m, testing the area where the 2020 Aircore hole hit 1 m @ 3.96 g/t gold. Goldfields Drilling is the contractor. This ends the driller delays that had pushed the program from 2021.
23 Dec 2021other● Neutral
AGM chairman's address: Halls Creek work was done in Q2 2021 with more planned in Q2 2022. Two drillers have pushed the Canegrass 400 m program to January 2022. Gidyea was granted; Kovac awaited. The parent continues interest-free loans.
23 Dec 2021investor presentation● Neutral
AGM presentation repeating known facts: 147.4m shares, last sale A$0.031 (market capitalisation A$4.57m), Yitai parent holding 51.38%. Lists Gindalbie, Halls Creek and Tennant Creek projects, all 100% held. No new results.
8 Sept 2021drilling result▲ GoodMajor
Halls Creek rock samples, mainly from Black and Glidden, returned gold to 2.78 g/t, zinc to 12.6%, lead to 9.93%, copper to 0.82% and silver to 171 g/t. Soils were not significantly elevated. Further field work and drilling are planned for Q2 2022.
7 Sept 2021half year report● Neutral
Half-year report to 30 June 2021 largely restates operations: Halls Creek sampling done, Gidyea grant intended, Kovacs pending, and Gindalbie RC drilling now planned for the December 2021 quarter. Financial figures are not in the text provided.
18 Aug 2021regulatory community update▲ Good
The Northern Territory government advised it intends to grant the Gidyea licence (ELA 32665) over the full application area near Tennant Creek. This advances the February 2021 application; the Kovacs application is still pending.
2 July 2021drilling progress report● Neutral
Halls Creek field work finished 1 July 2021, with 454 soil and 35 rock samples collected across the four tenements. Lab results are expected in up to 4 weeks. Follow-up will likely need helicopter support.
17 June 2021drilling scheduled● Neutral
Halls Creek field exploration was to start 19 June 2021, subject to any COVID restrictions. It will go by vehicle and foot as no helicopter was available. This ends the 2020 deferral of work on the four 100%-held tenements.
31 Mar 2021annual report● Neutral
2020 annual report. The chairman calls the Aircore results at Holey Dam and Canegrass encouraging and plans deeper follow-up drilling in 2021. Halls Creek work is deferred to 2021 and two Tennant Creek licence applications are noted. Yitai support continues; financials not in the text provided.
31 Mar 2021annual report● Neutral
Appendix 4G corporate governance checklist lodged with the 2020 annual report, pointing to the governance statement on the company website. Administrative only; no new operational or financial information.
17 Mar 2021regulatory community update● Neutral
Application lodged with WA regulator DMIRS to drill 20 RC holes at Holey Dam Area E and Canegrass Area F. A driller will be engaged once approval is received. Continues the follow-up to the September 2020 Aircore results.
18 Feb 2021regulatory community update● Neutral
Kaili Gold applied for two exploration licences near Tennant Creek, Northern Territory (Gidyea and Kovacs). They are applications only, not yet granted, and mark the company's first move beyond Western Australia in this record.
22 Dec 2020investor presentation● Neutral
AGM presentation repeating known facts: 147.4m shares, last sale A$0.026, market capitalisation A$3.83m, Yitai parent 51.38%. Restates the Aircore results and RC follow-up planned for Q1/Q2 2021.
22 Dec 2020other● Neutral
AGM chairman's address: COVID delayed all projects by 6 to 12 months. Follow-up Gindalbie drilling is planned from early 2021 and Halls Creek work from April 2021. The chairman credits parent financial support for funding the programs.
14 Dec 2020drilling scheduled● Neutral
Follow-up drilling at Holey Dam Area E and Canegrass Area F is now planned for Q2 2021, pending a heritage survey and WA regulator approval. Halls Creek field work is planned for the 2021 season after having no field work in 2020.
3 Dec 2020drilling result▲ GoodMajor
Aircore assays are in, after lab delays. Best results: 1 m at 3.96 ppm gold at Canegrass (in a 4 m at 0.16 ppm interval) and 4 m at 0.42 ppm at Holey Dam. RC follow-up is planned for Q1 2021 at both. Modest but mixed results for the weak 2019 anomalies.
21 Sept 2020drilling progress report● Neutral
The Aircore program finished on 20 September 2020: 50 holes, 1,866 m, average depth 37 m, across Canegrass and Holey Dam. Assays are expected in 2 to 3 weeks and further drilling will be decided after them.
17 Sept 2020drilling progress report● Neutral
Holey Dam's 25 holes (1,000 m) are finished and the first of 25 planned Canegrass holes has started. This continues the Aircore program that began 15 September 2020; no assay results yet.
15 Sept 2020drilling spud▲ GoodMajor
Drilling began at Canegrass and Holey Dam: a 50-hole, 2,000m RAB/Aircore program, 25 holes each, run by BMGS with Raglan Drilling. It tests the weak 2019 gold anomalies and follows delays, ahead of ASX's 23 October 2020 deadline.
30 July 2020half year report● Neutral
Half-year report to 30 June 2020. The operations section repeats the pegging, heritage clearance and September drilling plan, and the Halls Creek delay. Financial statements were not in the text provided, so cash and loss are unknown.
7 July 2020drilling scheduled▲ Good
Pegging of 50 Aircore holes is complete and a 24 June heritage survey found no cultural issues. The Program of Works is still being prepared, with drilling now targeted for the first half of August 2020.
11 June 2020drilling scheduled▲ Good
Field work restarts using a Kalgoorlie contractor team, with collar marking from 15 June and a heritage survey 22-24 June. The 2,000m Aircore program at Canegrass and Holey Dam is targeted to start early August 2020. Responds in part to the ASX operations concern.
