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Kaili Resources Limited (ASX:KLR)

ALERT: Price-sensitive ASX Announcement for KLR
Current share price for KLR : $0.063 -0.037 (-37%)+
Announcement
Release
28 Jul 2026 8:50AM
Price at Release
$0.100
Full Release
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Summary
Kaili Resources Limited announced the completion of an Aircore drilling program at the Mallee Project, Coodalya EL 6978 in South Australia. This program, which drilled 261 metres across 16 holes in the northeast corner of the Coodalya tenement, aims to further investigate the area in response to results from previous drilling. Samples collected will undergo pXRF scanning before being selected for laboratory assays. The Coodalya area contains Rare Earth Elements within fine clay fractions of Tertiary Strandlines. The company plans to use these results to consider further drilling programs on adjacent private land, with anticipated results to be announced upon receipt. The principal geologist has underscored the importance of this program in building on earlier 2025 and 2026 drilling efforts.
Key Points
  • Completion of Aircore drilling at Mallee Project, Coodalya.
  • 261 metres drilled across 16 holes in northeast Coodalya.
  • Samples prepared for pXRF scanning and laboratory assays.
  • Area contains Rare Earth Elements in fine clay fractions.
  • Potential for further drilling programs based on results.
  • Drilling builds on previous efforts from 2025 and early 2026.
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.