ASX: KNG
Australian graphite explorer and 100% owner of the potentially large, high grade, globally significant Leliyn Graphite Project in the Northern Territory.
Projects Overview
Kingsland Minerals has four project areas in the Northern Territory at Allamber, Woolgni, Shoobridge and Mt Davis. Kingsland Minerals also owns a nickel project at Lake Johnston in Western Australia.
Allamber
Consists of three of the eight NT Tenements (EL32152, EL31960 & EL32418) and is prospective for copper & uranium mineralisation.
SHOOBRIDGE
Consists of two of the eight NT Tenements (EL31409 and EL32275) and is prospective for gold and uranium.
WOOLGNI
The Woolgni Project is prospective for gold mineralisation and consists of one of the eight NT Tenements (EL31457).
MT DAVIS
Consists of two of the eight NT Tenements (EL31764 and EL31659) and is prospective for gold and base metal mineralisation.
LAKE JOHNSTON
The Lake Johnston Project is prospective for nickel sulphide mineralisation and located in Western Australia
EXPLORATION FOCUS
Kingsland Minerals Ltd is an exploration company with assets in the Northern Territory and Western Australia.
Kingsland’s focus is exploring the Leliyn Graphite Project in the Northern Territory. The Company is confident that Leliyn has immense potential, as shown by the substantial Exploration Target of 200-250 million tonnes grading 8-11 per cent Total Graphitic Carbon (TGC) for contained graphite of 16-27Mt (refer ASX announcement on 21 March 2023) . The Exploration Target is based on a graphitic schist measuring 5km long, 20m deep and 100m wide. The 5km strike length of the schist sits within a longer 20km-long graphitic schist.
The initial exploration program will focus on the 5km stretch which hosts the Exploration Target. This will underpin a maiden JORC Resource. Kingsland believes there is also significant exploration potential within the remaining 15km of graphitic schist.
The Mt Davis Project has historic workings targeting base metal mineralisation and also has more recent drilling with significant gold mineralisation. In Western Australia the Lake Johnston Project has historic drilling with nickel mineralisation.
Each of these projects will be progressed with exploration programs and budgets included in the Independent Geology Report within the Kingsland Minerals Ltd IPO Prospectus.