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Kaili Resources Limited (ASX:KLR)

ALERT: Price-sensitive ASX Announcement for KLR
Current share price for KLR : $0.063 -0.047 (-42.73%)+
Announcement
Release
16 Jul 2026 3:48PM
Price at Release
$0.110
Full Release
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Summary
Kaili Resources Limited announced a drilling crew is set to mobilize for a Rare Earth Elements drilling program at the Mallee Project - Coodalya EL 6978 in the Murray Basin, South Australia. This program aims to infill previous exploration drilling from 2025 and early 2026 to identify further REEs potential, with minimal disruption by drilling along roadside verges with local council approvals. A total of 16 holes are planned, focusing on the NE corner of the Coodalya tenement, with results from previous drilling programs considered. The effort will provide information to plan more extensive drilling programs on adjacent private land.
Key Points
  • Drilling crew committed for the Coodalya project within the Murray Basin.
  • Aims to infill exploration drilling from 2025 and early 2026.
  • Focus on Rare Earth Elements within Loxton/Parilla Sands.
  • 16 holes planned with an average depth up to 18 metres.
  • Drilling along roadside verges to minimize disruption.
  • Program focuses on the NE corner of Coodalya tenement.
  • Previous exploration results from 2025 and 2026 to guide current drilling.
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.