Kaili Resources Completes Rare Earths Drilling at South Australia’s Mallee Project

Kaili Resources Limited ( (AU:KLR) ) just unveiled an announcement.

Kaili Resources Limited has completed an Aircore drilling program at its Mallee Project in South Australia, covering the Lameroo, Coodalya and Karte exploration licences in the Murray Basin. The campaign comprised 30 widely spaced holes to an average depth of 18 metres, primarily focused on the Coodalya tenement, and was designed to test clay‑hosted rare earth element potential within the Loxton/Parilla Sands while minimising disruption by drilling along roadside verges with local council approvals. The company will release results from pXRF analysis of the collected samples once available, and its principal geologist indicated that these results, combined with previous drilling and geological logging, will guide future drilling within a pre-approved program of up to 300 holes and 6,000 metres, underlining Kaili’s strategic push to delineate rare earth resources in a region already hosting significant REE discoveries by peers.

The most recent analyst rating on (AU:KLR) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Kaili Resources Limited stock, see the AU:KLR Stock Forecast page.

More about Kaili Resources Limited

Kaili Resources Limited is an Australian mineral exploration company focused on discovering and developing resource projects, including rare earth elements, within prospective regions such as the Murray Basin in South Australia. The company targets clay-hosted rare earth mineralisation within sand and strandline formations, positioning itself within the growing market for critical minerals used in advanced technologies and clean energy applications.

Average Trading Volume: 91,967

Technical Sentiment Signal: Buy

Current Market Cap: A$23.58M

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