Kingsland (ASX:KNG) moves on Lake Johnston lithium opportunity
January 10, 2024Kingsland Minerals has increased its commodity portfolio with a major expansion to its Lake Johnston Lithium Project in Western Australia.
The Lake Johnston Greenstone Belt contains lithium-bearing pegmatites with significant mineralisation. The company recently sampled historic drill spoil, revealing anomalous lithium mineralisation.
The project area has now tripled to over 620 square kilometres, with a low-cost soil sampling and mapping program targeting lithium mineralisation underway.
Kingsland Minerals’ primary focus remains on advancing the potentially world-class Leliyn Graphite Project in the Northern Territory, with metallurgical test work ongoing and the maiden mineral resource on track for Q1-CY24.
Kingsland Minerals Managing Director Richard Maddocks said this was a significant step forward for Kingsland Minerals and its Lake Johnston Lithium Project as the company continues to expand its footprint in Western Australia’s promising lithium sector.
“The Lake Johnston Project was originally acquired targeting nickel and this remains an exploration target. Lithium, however, has now become a significant factor in the Lake Johnston area,” Mr Maddocks said.
“Kingsland has strong evidence of lithium mineralisation within our tenement package, and exploration has commenced delineating high-grade pegmatite-hosted lithium mineralisation.”
Tenement acquisition
Applications have been submitted for three additional exploration tenements adjacent to its current Lake Johnston tenement E63/2068.
About Kingsland Minerals
Kingsland Minerals Ltd has a portfolio of projects that focus on copper, uranium and gold in the Pine Creek region of the Northern Territory of Australia.
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