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Kaili Resources Limited ( (AU:KLR) ) has shared an update.
Kaili Resources Limited has announced the results of its recent aircore drilling at the Limestone Coast Project in South Australia, revealing significant findings of rare earth elements. The drilling, which covered 54 holes across three tenements, aims to guide future exploration efforts. The initial pXRF scan results indicate the presence of REEs, with further laboratory assays expected to confirm the grade of Total Rare Earth Oxide by mid-November 2025. This exploration effort positions Kaili Resources strategically within a region known for REE potential, as evidenced by nearby successful projects.
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 involved in the search for rare earth elements (REEs), which are crucial for various high-tech applications, within its tenements in South Australia.
Average Trading Volume: 1,450,312
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$39.8M
See more insights into KLR stock on TipRanks’ Stock Analysis page.