Few small-cap resource stories have re-rated as violently in 2026 as Killi Resources (ASX:KLI), a former gold-and-copper explorer that has recast itself around a large Western Australian magnetite project. The shares have climbed several hundred per cent over the past year, and the share price rose again today during the Trading session on 21 August, extending a momentum run built on the company’s Acquisition of the Lodestone iron ore project, a fresh Capital raising and the launch of a maiden drilling campaign. No single price-sensitive announcement has been tied directly to the move, so the most defensible reading is that this is continued momentum in a hot small-cap rather than a…