Kaili Resources Limited Receives Approval for Exploration Program

Strategic Insights -

Kaili Resources Limited has made significant strides in their exploration program for rare earth elements (REEs) in South Australia. The company has received approval from the Department of Energy and Mining of South Australia for their EPEPR (exploration program for environment protection and rehabilitation) within three tenements: Lameroo, Karte, and Coodalya. The program aims to drill shallow holes along road verges to test for potential REEs mineralisation. This news release highlights the company's efforts to advance their exploration program and potentially unlock the value of REEs in the region.

Key Takeaways:

  • Kaili Resources Limited has received approval for their EPEPR within three tenements: Lameroo, Karte, and Coodalya.
  • The exploration program aims to drill shallow holes along road verges to test for potential REEs mineralisation.
  • The 3 tenements are accessible by highway and close to infrastructure, approximately 200 kms east of Adelaide.
  • The company plans to aircore drill shallow holes of up to 20 m deep to test for REEs mineralisation.
  • Kaili Resources Limited has used the results of their initial drilling program at Lameroo in the design and planning of the current drill program across all 3 tenements.
  • The initial drilling program at Lameroo showed encouraging assay results, with significant Total Rare Earth Oxides (TREO) drilling intersections of 1m @ 356 ppm, 1m @ 271 ppm, and 1m @ 228 ppm.

Statistics:

  • The three tenements (Lameroo, Karte, and Coodalya) are located approximately 200 kms east of Adelaide.
  • The exploration program aims to drill shallow holes of up to 20 m deep.
  • The Company has selected locations for drilling and application of the EPEPRs during the March 2025 quarter.
  • Australian Rare Earths (ASX:AR3) has reported exploration success within their tenements in the region with an estimated JORC 2012 resource of 236Mt @ 748ppm Total Rare Earth Oxides (TREO).

Sources:

  • Kaili Resources Limited News Release (date not specified)