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Kaili Resources Reports Promising Rare Earth Element Drilling Results in South Australia

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Kaili Resources Reports Promising Rare Earth Element Drilling Results in South Australia

TipRanks Cyber Monday Sale

The latest update is out from Kaili Resources Limited ( (AU:KLR) ).

Kaili Resources Limited announced the receipt of laboratory assay results from its recent aircore drilling program at the Limestone Coast Mallee Project in South Australia. The results indicate significant potential for rare earth elements, particularly within the Coodalya tenement, prompting plans for further exploration. This development positions Kaili Resources to potentially expand its resource base in a region where other companies have reported successful exploration outcomes.

More about Kaili Resources Limited

Kaili Resources Limited operates in the mining industry, focusing on the exploration and development of rare earth elements. The company is engaged in projects located in South Australia, specifically targeting rare earth oxide deposits within the Loxton/Parilla Sands region.

Average Trading Volume: 1,029,308

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$27.27M

For an in-depth examination of KLR stock, go to TipRanks’ Overview page.

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