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Kingsland Minerals (ASX: $KNG) expands high grade lithium anomaly at Lake Johnston

Kingsland Minerals' Lake Johnston Lithium Project expansion


Kingsland Minerals Ltd (Kingsland, ASX: $KNG) has reported a significant expansion of the high-grade lithium anomaly at its Lake Johnston Lithium Project in Western Australia. The anomaly has more than doubled in size to 13km N-S and 4km E-W, with grades of over 100 ppm Li20. Approvals for line clearing and air-core drilling have been received, and additional tenement applications along strike are expected to be granted in the coming months.

Executive commentary on Lake Johnston Lithium Project


Kingsland Minerals Managing Director, Richard Maddocks, expressed satisfaction with the additional soil sampling results, highlighting the excellent lithium potential on their extensive tenement holding at Lake Johnston. With drilling approvals in place, the company is poised to test these anomalies in the coming months. Maddocks also mentioned that once the recent tenement applications are granted, exploration will extend along strike to the north and south to fully test the lithium potential of the project.

Summary of Lake Johnston Lithium Project expansion


Kingsland Minerals has significantly expanded the high-grade lithium anomaly at its Lake Johnston Lithium Project, with the anomaly now more than doubling in size. The company has received approvals for line clearing and air-core drilling, and additional tenement applications along strike are expected to be granted in the coming months. The Project covers over 770km2 along the western fringes of the Lake Johnston Greenstone Belt, strategically located near existing lithium and nickel mines. Kingsland Minerals' primary focus remains on advancing the world-class Leliyn Graphite Project in the Northern Territory, Australia's largest graphite deposit. The company's ambitions include confirming commercial grade concentrate through ongoing metallurgical test-work and extending exploration to fully test the lithium potential of the Lake Johnston Project.

KINGSLAND MINERALS LTD
KNG | ASX | Materials
0.21-0.03(-12.5%)
At close 05/07 (AEDT)
Market cap
$14.7M
Volume
215,124
DY Yield
0
PE Ratio
0
52 Week Range
0.165 - 0.42
1YR Return
N / A

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