Kingsland Minerals Limited Announces the Discovery of the Graphite Potential on Its Allamber Project Area in the Northern Territory

Kingsland Minerals Ltd. announced the discovery of the graphite potential on its Allamber Project area in the Northern Territory. Graphitic schists within the Kingsland Minerals tenement holdings have an extensive strike length of up to 20 km. Exploration results from previous explorers, in addition to recent mapping and reconnaissance by Kingsland have been used to design drilling programs for the Leliyn Graphite Project.

Exploration during 2023 will be focussed on targeting a Mineral Resource Estimate for the Leliyn Graphite Project late in 2023. At the same time a comprehensive metallurgical test-work program will be commenced to test the suitability of Leliyn graphite concentrate for end uses such as battery applications. The strike length of the graphitic schist unit within Kingsland tenements is approximately 20km.

Existing exploration drilling at one location indicates a true thickness in the order of 100m although this is likely to vary along the strike length of the unit. TALD001 hole was drilled by previous explorers in 2016 to investigate the graphite potential of the metamorphosed sediments. A series of small core intervals were taken down the hole and assayed for TGC.

These intervals also had polished thin sections taken. A total of 18 samples, assays and thin sections were taken down the hole in the graphitic schists. Hole TAL130RC was drilled in 2014 targeting a magnetic anomaly; no samples or assays were taken from the hole.

Geological logging indicates that graphitic schists were intersected in the hole from 157m to 313m, a downhole thickness of 156m. This equates to a true, horizontal thickness of about 115m. Samples were taken at uneven intervals down the hole so cannot be used to estimate an average grade intersection down the hole.

They do however indicate high grade graphite is present in the hole from 61.5m to the end of the hole at 249.1. Core photographs indicate the presence of a series of generally narrow (<1m) aplite dykes within the schists; these are not included in the sampling or assaying.