Lithium anomaly at Lake Johnston project in WA more than doubles to 13x4km
Soil sampling shows >200ppm lithium grades extending to the north
Approvals for aircore drilling received
Major miner MinRes wants to build lithium hub in the region
Kingsland’s primary focus is progressing the Leliyn project in the NT, Australia’s largest graphite deposit
Special Report: A high-grade lithium anomaly at Kingsland Minerals’ Lake Johnston project has more than doubled in size to 50sqkm after further assays from soil sampling returned grades of >200 parts per million (ppm) Li2O.
Kingsland Minerals’ (ASX:KNG) Lake Johnston is just 60km from Covalent Lithium’s Mt Holland mining operation and 50km from MinRes’s (ASX:MIN) recently acquired Lake Johnston nickel mine which includes a 1.5Mtpa concentrator.
MinRes wants to create a lithium hub in the region, converting the concentrator to process fines from its Bald Hill and Mt Marion lithium operations. Surrounding explorers, like Kingsland, could benefit.
Lake Johnston: a dominant landholding
Covering more than 770km2 along the western fringes of the Lake Johnston Greenstone Belt, KNG’s landholding is one of the largest in the Lake Johnston region.
Soil sampling recommenced on the E63/2068 tenement in February 2024 to complete the program initiated late last year. The initial sample spacing of 500x200m was widened to 1,000X200m in the second phase of works to expedite the program.
Results show a continuous, high-grade >100ppm Li2O anomalies and a series of higher-grade >200ppm Li2O anomalies to the north extending into E15/2065, a recent tenement application.
Areas of soil sampling at Lake Johnston and surrounding projects. Pic supplied: (KNG)
“These additional soil sampling results highlight the excellent lithium potential on our extensive tenement holding at Lake Johnston,” KNG managing director Richard Maddocks says.
“We now have drilling approvals in place to test these anomalies in the coming months, and 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.”
Ongoing work at Leliyn
Across to the NT, KNG is also focused on advancing Australia’s largest graphite deposit – the world-class Leliyn project.
The company recently delivered a maiden resource of 194.6Mt @ 7.3% TGC for 14.2Mt of contained graphite.
Metallurgical test-work is ongoing to confirm commercial grade concentrate with initial data indicating recoveries of 93-95% @ grades of ~90% TGC, implying a marketable graphite concentrate of >94%.
This article was developed in collaboration with Kingsland Minerals, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.
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