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Kaili Resources Limited (ASX:KLR)

ALERT: Price-sensitive ASX Announcement for KLR
Current share price for KLR : $0.066 0.06 (1,000%)+
Announcement
Release
28 Jul 2025 5:08PM
Price at Release
$0.006
Full Release
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Summary
Kaili Resources Limited released its Quarterly Activities and Appendix 5B Cash Flow Report for the quarter ending 30 June 2023. During the quarter, the company continued to focus on its exploration projects in Western Australia, specifically the Jungle Hill and Canegrass lithium and gold projects. Field work included interpretation of new soil sample assay results and planning for further drilling. No mining production or development activities occurred during the period. The company reported net cash outflows from operating activities, mainly related to exploration expenditure and administration costs, with a closing cash balance at the end of the quarter. No financing activities were undertaken and there were no payments to related parties except for standard director and consulting fees. Kaili Resources remains focused on progressing its exploration activities and seeking new opportunities to advance its portfolio.
Key Points
  • Quarterly report covers activities for the quarter ended 30 June 2023.
  • Focus remains on the Western Australian exploration projects, including Jungle Hill and Canegrass.
  • Fieldwork included interpretation of soil assay results and preparation for future drilling.
  • No mining production or development activities occurred during the quarter.
  • Net cash outflows mainly related to exploration and administrative expenditure.
  • Closing cash balance reported at the end of the period.
  • No financing activities or new capital raised during the quarter.
  • Payments to related parties were limited to director and consulting fees.
  • Company continues exploration activities and is seeking further opportunities.
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.