Kaili Resources expands rare earth element exploration in South Australia and Western Australia

Kaili Resources Limited (ASX: $KLR) has announced the grant of 2 new tenements, Karte EL 6977 and Coodalya EL 6978, in South Australia, doubling the company's footprint in the Limestone Coast. The completion of drilling of 40 holes to an average depth of 17 m for 800 m will assist in planning further drilling programs across the Lameroo, Karte, and Coodalya tenements. Additionally, the company has progressed its REE drilling program in Western Australia, targeting REE mineralisation in the Yilgarn Craton (Gindalbie) Gold and Critical Metals Project.

Executive commentary on exploration activities

The Company's focus on expanding its rare earth element exploration activities is in line with its strategic goals to identify potential mineralisation areas and plan further drilling programs. The grant of new tenements in South Australia and the progress in the REE drilling program in Western Australia demonstrate our commitment to advancing our exploration efforts and unlocking the potential of these projects.

Summary of exploration activities and outlook

Kaili Resources' expansion of rare earth element exploration through the grant of new tenements and progress in drilling programs signifies a significant step towards achieving its exploration objectives. The company's focus on identifying potential mineralisation areas and planning further drilling programs reflects its dedication to maximizing the potential of its projects. With a strategic approach to exploration, Kaili Resources aims to continue advancing its exploration activities and unlocking the value of its rare earth element projects in South Australia and Western Australia.