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Kaili Resources Limited ( (AU:KLR) ) has issued an announcement.
Kaili Resources Limited has announced an update on the assay of selected Aircore drilling samples from its Limestone Coast Project in South Australia. The company has sent 47 samples, identified as having elevated REE concentrations, to a laboratory for precise analysis. The results, expected soon, will guide future drilling plans. This development positions Kaili Resources to potentially enhance its standing in the REE exploration sector, especially given the regional success of other companies like Australian Rare Earths.
More about Kaili Resources Limited
Kaili Resources Limited operates in the mining industry, focusing on the exploration and development of mineral resources. The company is engaged in the exploration of Rare Earth Elements (REEs) in South Australia, specifically within the Lameroo, Coodalya, and Karte tenements.
Average Trading Volume: 1,075,492
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$26.53M
For a thorough assessment of KLR stock, go to TipRanks’ Stock Analysis page.