Killi Resources (ASX:KLI) started the initial drilling phase at the Lodestone project in Western Australia, including a proposed 20,000-meter reverse circulation and diamond core program, according to a Wednesday filing with the Australian bourse.
Drilling is being undertaken along with the company's geological mapping and surface sampling programs and the drone-based magnetic survey, which is on track to be completed by the end of the month, the filing said.
Shares rose 2% in morning trade Wednesday.