Kaili Resources Doubles Rare Earth Exploration Area

Kaili Resources Limited (AU:KLR) has released an update.

Kaili Resources Limited has expanded its exploration territory for rare earth elements in South Australia by acquiring two new tenements, doubling its footprint to 1,985 km2. The company has completed 40 drill holes in the region, which will inform future drilling strategies, amid a backdrop of positive exploration results reported by industry peers. Additionally, Kaili Resources is analyzing samples for a suite of REE minerals in Western Australia to guide further exploration.

For further insights into AU:KLR stock, check out TipRanks’ Stock Analysis page.