Graphite potential sharpens exploration focus

Kingsland Minerals listed on the ASX in June 2022 on the back of its Cleo uranium deposit, located within the company’s Allamber project near Pine Creek in the Northern Territory.

Kingsland Minerals quickly established an inferred mineral resource estimate for the Cleo uranium deposit of 6.8 million tonnes at 345 parts per million uranium, for 5.2 million pounds uranium.

What the company did not expect, however, was to learn of the Allamber project’s graphite potential – leading it to change focus from being an emerging uranium exploration play, to being an emerging graphite exploration play.

‘We established a uranium resource, but in the meantime our drilling activities meant we had to drill into the graphitic schists hosting the uranium,’ Kingsland Minerals Managing Director Richard Maddocks told Future Mining.

‘That alerted us to the fact that there is graphite in the area, and we also obtained historic data from previous explorers that we didn’t have before listing, which provided more confidence in the extent of the graphite mineralisation.

‘We now consider the Leliyn graphite deposit to be a potential world-class ore body in a Tier 1 location.’

The historic drilling data indicated graphite assays over 20 kilometres strike length, with one section having been subjected to sufficient drilling to reveal a true thickness of up to 100 metres.

Kingsland took the historical information and combined it with its own petrographical analysis and field reconnaissance to estimate an exploration target for the Leliyn graphite project of 200–250 million tonnes at 8–11 per cent total graphitic carbon for 16–27 million tonnes of contained graphite.

Kingsland Minerals immediately commenced planning for implementation of a drilling program to progress the Leliyn graphite project. Drill rigs are now on site, and drilling has commenced.

The drilling will be focusing on a five-kilometre section of the total 20-kilometre length of graphitic schists within the company’s tenement package.

Kingsland is of the opinion that this section provides an optimal starting point, and will form the basis for establishing a mineral resource, while highlighting the potential for Leliyn to develop into a world-class flake graphite deposit.

Drilling will initially focus on obtaining samples for metallurgical test work and estimating a mineral resource, which the company aims to have completed by the end of the year.

In just nine short months since landing on the boards of the ASX, Kingsland Minerals has quickly established itself as an explorer of note by making significant progress on not just one, but two of its main projects.

‘To drill out and then estimate a uranium resource at Cleo in this time is a fantastic result, as is the assessment of the graphite potential at Leliyn – resulting in the estimation of an exploration target,’ Maddocks says.

‘A very firm foundation has been set for Kingsland Minerals, and we are looking forward to developing the company from here.’ 

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