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Kaili Resources Limited (ASX:KLR)
ALERT: Price-sensitive ASX Announcement for KLR
Current share price for KLR : $0.079 0.071 (887.50%)+
Announcement
Release
19 Feb 2025 2:26PM
Price at Release
$0.008
Full Release
Summary
Kaili Resources Limited (KLR) has announced the selection of drill sites for upcoming rare earth elements (REE) exploration programs across three tenements—Lameroo, Karte, and Coodalya—located in the Limestone Coast of South Australia. The drill sites, situated on council road verges, aim to minimize disruption to surrounding properties and ecosystems. KLR plans to conduct Aircore drilling to test for potential REE mineralization within the Loxton Parilla Sands, seeking necessary approvals from the Department of Energy and Mining of South Australia before initiating the drilling activities.
Key Points
- KLR completes roadside traverses across three tenements for REE exploration.
- Drill sites selected on council road verges to minimize public disruption.
- Aircore drilling planned to test REE potential within Loxton Parilla Sands.
- Australian Rare Earths reports exploration success near KLR tenements.
- KLR will seek approval for environmental protection and rehabilitation programs.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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