Kingsland Minerals Ltd (ASX: KNG) has received further assays pointing to a substantial high-grade graphite discovery at its Leliyn Project in the Northern Territory. The latest results are in line with the widths and grades of previous drilling and are also in line with the exploration target.
Kingsland Minerals managing director, Richard Maddocks, said, “These latest results further reinforce the potential of Leliyn. The thick, high-grade graphite intersections from surface really set this deposit apart. The drilling keeps extending the grade, strike, and tonnage potential of Leliyn. Drilling is continuing and I’m looking forward to updating the market with more assay results. Metallurgical test-work samples will be submitted this quarter and we are expecting thin section petrographic analyses soon.”
The results consistently grade more than 10% total graphitic carbon (TGC) with wide intersections pointing to substantial tonnages.
Latest TGC assays include:
- 158m @10.1 % from 16m (LERC_17)
- 128m @8.6 % from 45m (LERC_18)
‒ incl 86m @10.9% from 87m
Five diamond core holes have now been completed on the western side of the target zone. Once all assays have been received and the thin section petrography completed on these holes, composite samples for metallurgical test-work will be collected.
The company expect metallurgical samples to be submitted during the current September quarter. Initial work will focus on flotation characteristics to assess flotation concentrate grades and recoveries.
Further, RC and diamond core drilling will continue to focus on infill drilling to provide sufficient drill spacing to estimate a mineral resource.
To find out more, please visit www.kingslandminerals.com.au
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