Kaili Resources Limited announced the geochemical results from the field based exploration at the Halls Creek Gold and Base Metal Project that was completed on 1 July 2021. Workload arising from increased exploration activities in the State has caused delays at the laboratory. A total of 454 soil samples and 35 rock samples have been collected across all four tenements, 100% held by wholly owned subsidiary Kaili Iron Pty Ltd: E 08/5112 (Black and Glidden), E 08/5113 (Carrington), E 08/5114 (Sandy Creek) and E 08/5115 (Wild Dog). BLACK AND GLIDDEN (E08/5112): The soils sampling comprised a series of E-W traverses across the target areas with samples collected every 50 m along the sampling lines. The samples were initially scanned using the Company's Olympus Delta then despatched to the ALS laboratory in Perth. The Black and Glidden Tenement comprises the Grumpy Monzogranite in the east with mafic intrusives and metasediments to the west. These two lithostructural groups are separated by the NE-SW Lubbock Range Fault. During this initial field trip, the focus was on two areas of historical workings Eastern Shear 2/Soda Springs 3 in the east and Mt Amhurst5/Soda Springs 1 in the west. The western group of workings are associated with an intermittent ENE-WSW quartz vein and a NE-SW prominent quartz ridge in the east. The near vertical mineralised quartz lode has a general orientation of 300 degrees and comprises quartz and carbonate veining. There is a second set of set of veining oriented at 350 degrees and likely a conjugate set. Narrow dolerite dykes parallel the lodes. Epidote alteration of the host monzogranite is evident adjacent to the lode whereas the monzogranite elsewhere is grey. The lode is locally gossanous with boxwork textures and very high base metal assays along with visual malachite and azurite mineralisation. The sampling was carried out within the Grumpy Monzogranite which is locally quartz veined and strongly epidote altered. A single sample was taken of a small quartz vein adjacent to the Lubbock Range Fault and returned 0.27% Pb and 9.6% Zn. The veining at the western prospect was a mixture of quartz and calcite with local gossanous zones to 0.82% Cu, 9.93% Pb and 12.6% Zn. A portion of this veins system had the highest Au and Ag at 2.78 g/t and 171 g/t respectively. Vein quartz outcrops over a 315 degrees strike length of about 1.5 km. The soil geochemistry was not significantly elevated in gold or base metals apart from some elevated gold. This is likely due to the extensive granitic transported soils masking underlying mineralised zones. Further targets along the Lubbock fault will be tested in the next field program in second quarter of 2022 along with drilling traverses in the areas of mineralised lode and epidotised granite. CARRINGTON (E08/5113): The Carrington tenement has limited vehicular access so the initial filed based exploration involved a series of E-W soil traverses as across a major NE SW fault. A single rock sample of vein quartz returned 0.15% Cu; Surficial geochemical sampling at the Wild Dog tenement comprised two soil grids, Grids 1 and 2. The grids were chosen to cover Priority 1 targets associated with N-S structures at lithology contacts. The dominant lithology for both grids was a coarse gabbro with localised sericite alteration. The base metal (Co, Cu and Ni) response for both areas was low with only Cu being locally elevated but not a level requiring further exploration. Several vehicle and foot traverses were completed across the NE of the tenement SE of Grid 1 encountering unaltered gabbro. A further foot traverse was made east of WD2 towards the Triangle Au and base metal prospect however there were no signs of any workings in a fairly open area. Several high priority targets in the western half of the tenement will need to be explored by helicopter traverses in the next field program. SANDY CREEK (E08/5114): In the limited sampling completed there is evidence of possible mineralisation with local abundant quartz veining and possible pink potassic alteration of some felsic intrusives. Vehicular access restrictions for most of the northern half of the tenement meant that soils sampling was only possible at select areas as shown. The high priority base metal target shown as green zones in the centre of the tenement and the high priority geophysical targets within gabbroic rocks will require helicopter supported geochemical and geological mapping traverses in 2022.