{"id":7874,"date":"2024-04-02T23:16:05","date_gmt":"2024-04-02T23:16:05","guid":{"rendered":"https:\/\/economicherald.net\/?p=7874"},"modified":"2024-04-02T23:16:05","modified_gmt":"2024-04-02T23:16:05","slug":"kingslands-monster-50sqkm-and-growing-lithium-anomaly-is-near-minres-proposed-processing-hub","status":"publish","type":"post","link":"https:\/\/economicherald.net\/?p=7874","title":{"rendered":"Kingsland\u2019s monster 50sqkm (and growing) lithium anomaly is near MinRes\u2019 proposed processing hub"},"content":{"rendered":"<p>Lithium anomaly at Lake Johnston project in WA more than doubles to 13x4km<br \/>\nSoil sampling shows &gt;200ppm lithium grades extending to the north<br \/>\nApprovals for aircore drilling received<br \/>\nMajor miner MinRes wants to build lithium hub in the region<br \/>\nKingsland\u2019s primary focus is progressing the Leliyn project in the NT, Australia\u2019s largest graphite deposit<\/p>\n<p>\u00a0<\/p>\n<p><strong><em>Special Report<\/em><\/strong><strong>: A high-grade lithium anomaly at Kingsland Minerals\u2019 Lake Johnston project has more than doubled in size to 50sqkm after further assays from soil sampling returned grades of &gt;200 parts per million (ppm) Li2O.<\/strong><\/p>\n<p><a href=\"https:\/\/stockhead.com.au\/company\/kingsland-minerals-kng\/\"><strong>Kingsland Minerals\u2019 (ASX:KNG)<\/strong><\/a> Lake Johnston is just 60km from Covalent Lithium\u2019s Mt Holland mining operation and 50km from <a href=\"https:\/\/stockhead.com.au\/company\/mineral-resources-min\/\"><strong>MinRes\u2019s (ASX:MIN)<\/strong><\/a> recently acquired Lake Johnston nickel mine which includes a 1.5Mtpa concentrator.<\/p>\n<p>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. <a href=\"https:\/\/stockhead.com.au\/resources\/minres-remains-bullish-on-lithium-and-it-could-take-a-host-of-wa-explorers-along-for-the-ride\/\"><strong>Surrounding explorers, like Kingsland, could<\/strong><strong> benefit<\/strong><\/a>.<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Lake Johnston: a dominant landholding<\/strong><\/h2>\n<p>Covering more than 770km2 along the western fringes of the Lake Johnston Greenstone Belt, KNG\u2019s landholding is one of the largest in the Lake Johnston region.<\/p>\n<p>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.<\/p>\n<p>Results show a continuous, high-grade &gt;100ppm Li2O anomalies and a series of higher-grade &gt;200ppm Li2O anomalies to the north extending into E15\/2065, a recent tenement application.<\/p>\n<p>\u00a0<\/p>\n<p>Areas of soil sampling at Lake Johnston and surrounding projects. Pic supplied: (KNG)<\/p>\n<p>\u00a0<\/p>\n<p>\u201cThese additional soil sampling results highlight the excellent lithium potential on our extensive tenement holding at Lake Johnston,\u201d KNG managing director Richard Maddocks says.<\/p>\n<p>\u201cWe 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.\u201d<\/p>\n<p>\u00a0<\/p>\n<h2><strong>Ongoing work at Leliyn<\/strong><\/h2>\n<p>Across to the NT, KNG is also focused on advancing Australia\u2019s largest graphite deposit \u2013 the world-class Leliyn project.<\/p>\n<p>The company <a href=\"https:\/\/stockhead.com.au\/resources\/in-less-than-12-months-kingsland-minerals-has-delineated-the-largest-graphite-deposit-in-australia\/\"><strong>recently delivered a maiden resource<\/strong><\/a> of 194.6Mt @ 7.3% TGC for 14.2Mt of contained graphite.<\/p>\n<p>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 &gt;94%.<\/p>\n<p>\u00a0<\/p>\n\n<p><span class=\"mce_SELRES_start\">\ufeff<\/span>\u00a0<\/p>\n<p><em>This article was developed in collaboration with Kingsland Minerals, a Stockhead advertiser at the time of publishing.<\/em><\/p>\n<p><em>\u00a0<\/em><\/p>\n<p><em>This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.<\/em><\/p>\n<p><span class=\"et_bloom_bottom_trigger\"><\/span><\/p>\n<p>The post <a href=\"https:\/\/stockhead.com.au\/resources\/kingslands-monster-50sqkm-and-growing-lithium-anomaly-is-near-minres-proposed-processing-hub\/\">Kingsland\u2019s monster 50sqkm (and growing) lithium anomaly is near MinRes\u2019 proposed processing hub<\/a> appeared first on <a href=\"https:\/\/stockhead.com.au\/\">Stockhead<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Lithium anomaly at Lake Johnston project in WA more than doubles to 13x4km Soil sampling shows &gt;200ppm lithium grades extending to the north Approvals for <a href=\"https:\/\/economicherald.net\/?p=7874\" class=\"read-more-link\">[more&#8230;]<\/a><\/p>\n","protected":false},"author":0,"featured_media":7875,"comment_status":"","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-7874","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - 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