Killi Resources Advances High-Grade Lodestone Iron Ore Opportunity in Western Australia

Killi Resources (ASX: KLI) is advancing the Lodestone Iron Ore Project in Western Australia, a large-scale magnetite development with significant growth potential. The project currently hosts an inferred mineral resource of 110 million tonnes capable of producing a premium iron concentrate grading approximately 69% iron through direct-to-reduction testing. The deposit extends across a 25-kilometre mineralised corridor, with only a small portion explored to date, providing considerable upside for future resource expansion. Management believes the project's ability to produce high-grade concentrate aligns well with growing demand for direct-reduction feedstocks used in lower-emission steelmaking technologies. The company remains fully funded for its near-term development objectives.

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