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Kaili Resources Limited (ASX:KLR)

ALERT: Price-sensitive ASX Announcement for KLR
Current share price for KLR : $0.088 -0.077 (-46.67%)+
Release
20 Nov 2025 1:44PM
Price at Release
$0.165
Full Release
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Summary
Kaili Resources Limited announced the receipt of laboratory assay results for 44 selected drill samples from their Limestone Coast Mallee Project in South Australia, analyzing for a full suite of Rare Earth Elements (REEs). These samples were based on prior pXRF results from their September 2025 Aircore Drilling program across three tenements: Lameroo, Coodalya, and Karte. The tenements are located approximately 200 km east of Adelaide and overlay Tertiary Strandlines, indicating potential for ionic clay style REE deposits. The results highlighted significant REE potential, particularly in the Coodalya tenement, prompting further exploration considerations. The announcement also noted that Australian Rare Earths in the region reported a significant JORC 2012 resource, underscoring the area's potential.
Key Points
  • Received laboratory assay results for 44 drill samples.
  • Analyzed full suite of Rare Earth Elements (REEs) by Method ME MS81.
  • Samples were from September 2025 Aircore Drilling in South Australia.
  • REE potential found in the Coodalya tenement.
  • Exploration includes tenements: Lameroo, Coodalya, and Karte.
  • Australian Rare Earths reported significant regional resources.
  • Samples analyzed at ALS in Adelaide.
  • Potential for ionic clay style REE deposits noted.
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.