Kingsland Minerals (ASX:KNG) sharpens its edge with maiden indicated resource at Leliyn

Kingsland Minerals (ASX:KNG) sharpens its edge with maiden indicated resource at Leliyn

April 8, 2025 Off By MarketOpen

Kingsland Minerals (ASX:KNG) has just put a firm stake in the graphite ground with a maiden Indicated Resource at its Leliyn Graphite Project in the Northern Territory—an outcome that doesn’t just mark progress, but crystallises potential.

The numbers are impressive: 12.3 million tonnes at 7.9% Total Graphitic Carbon (TGC) for 1 million tonnes of contained graphite.

But it’s the quality of the resource—and the strategy behind it—that makes Leliyn stand out from the pack.

Of the Inferred material subjected to infill drilling, a staggering 97% was successfully upgraded to Indicated.

That’s not common in this game, and Kingsland is clearly building the foundations for more than just a flashy headline.

“The Indicated Resource will enable us to complete a scoping study into establishing a graphite mining and processing operation at Leliyn near Pine Creek in the Northern Territory,” said Managing Director Richard Maddocks. “Positive results from the scoping study will enable a fully scaled up mining and processing operation to be considered”

Key Highlights:

  •  Maiden Indicated Resource: 12.3Mt @ 7.9% TGC for 1Mt contained graphite

  • Total Resource: 192.5Mt @ 7.3% TGC for 14Mt contained graphite

  • 97% conversion of drilled Inferred material to Indicated

  • Bulk graphite concentrate en route to Germany for spheronisation and battery testing

  • Scoping study underway, targeting production and economic modelling

The metallurgical signs are promising.

Bench-scale flotation tests achieved up to 95.1% TGC concentrate with recoveries as high as 92.4%.

The variability is being fine-tuned, with a bulk sample now undergoing processing in Germany by ProGraphite GmbH to test suitability for battery-grade spherical graphite.

What gives Kingsland Minerals additional edge is its downstream alignment.

Quinbrook Infrastructure Partners, its major shareholder, is evaluating the development of a spherical graphite plant in Darwin—offering a rare local processing path from raw concentrate to battery anode material.

This is not a company drilling for headlines.

It’s mapping a route to market with a methodical, data-backed approach—taking just a sliver of its 13Mt Inferred graphite and upgrading it with surgical precision.

There’s more to come.

A sizeable gap between the western and eastern zones remains untested, yet surface mapping suggests graphite mineralisation could extend right through it.

With the right mix of geology, grade, and strategic foresight, Kingsland is starting to look less like a junior explorer and more like a graphite contender with a plan.

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