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The latest announcement is out from Kaili Resources Limited ( (AU:KLR) ).
Kaili Resources Limited has successfully completed Aircore drilling at its Limestone Coast Project in South Australia, covering the Lameroo, Coodalya, and Karte tenements. The drilling, which involved 54 holes and collected 973 samples, aims to identify the presence of Rare Earth Elements. Samples indicating high mineralization will undergo further analysis, with final results expected by mid-October 2025. This development positions Kaili Resources alongside other companies in the region, such as Australian Rare Earths, which have reported significant exploration successes and are advancing toward feasibility studies.
More about Kaili Resources Limited
Kaili Resources Limited operates in the mining industry, focusing on the exploration and development of Rare Earth Elements (REEs). The company is engaged in projects located in South Australia, specifically targeting the Loxton/Parilla Sands region known for its ionic clay style deposits of REEs.
Average Trading Volume: 2,046,100
Technical Sentiment Signal: Buy
Current Market Cap: A$40.54M
For an in-depth examination of KLR stock, go to TipRanks’ Overview page.