Kingsland (ASX:KNG) doubles lithium anomaly in Lake Johnston territory

Kingsland (ASX:KNG) doubles lithium anomaly in Lake Johnston territory

April 3, 2024 Off By Jack Baker

Kingsland Minerals’ ongoing soil sampling program in West Australian exploration hotspot Lake Johnston has doubled the size of the project’s lithium soil anomaly to define 13 kilometres north-to-south and 4km east-to-west at typical grades of more than 100 parts per million lithium oxide.

The Lake Johnston anomaly also holds higher grades surpassing 200pm in areas up to 3km long and 400 metres wide, with approvals for line clearing and air-core drilling on the books and more tenement applications along strike set to soon be granted.

While the bulk of Kingsland‘s focus will rest on a Leliyn graphite deposit in the Northern Territory newly established as the nation’s largest, a large high-grading lithium soil anomaly in premium territory in the company’s home state begs further investigation.

Kingsland’s newly expanded tenements sit 60km westward of world-class Mt Holland and 50km southeast of Mineral Resources‘ (ASX:MMIN) territory and nickel concentrator earmarked for conversion into a new regional processing hub.

Kingsland Managing Director Richard Maddocks said the additional results had highlighted the excellent lithium potential of its extensive tenement holdings.

“We now have drilling approvals in place to test these anomalies in the coming months,” Maddocks said.

“Once our recent tenement applications are granted, exploration will extend along strike to the north and south to fully test the lithium potential of this project.”

Originally acquired for nickel exploration, a series of eyebrow-raising lithium exploration results across neighbouring tenements, exemplified by TG Metals’ Burmeister discovery, spurred the early days sampling campaign – and then a major expansion through the lithium price downturn.

And it is set to be expanded further ahead of AC drilling, but the real focus is on Leliyn, where Kingsland has established the grade and scale of a world-class asset in the Top End.

Metallurgical work there is ongoing to confirm commercial grade concentrate, and Kingsland is also undergoing a strategic review of its fully owned Cleo Uranium Project in the Territory and the options to advance its 5.2-million-pound maiden resource.

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