| Announcement Date: | 2022-10-11 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Kingsland Minerals Ltd. |
| Project name: | Cleo |
| Location: | Australia |
| Commodities: | Copper,Uranium |
| Highlight: | Drilling results incl. 42m at 679ppm U3O8, 980ppm Cu from 120m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Kingsland Minerals Ltd (ASX:KNG) (Kingsland or Company) is pleased to announce the first Uranium results from its maiden RC drilling program at the Cleo Uranium Project near Pine Creek in the Northern Territory. Assay results for the four metre composite samples for the first 16 RC holes drilled in a 30 hole program have been returned. Broad, high grade Uranium assays confirm the potential of the Cleo Project. Original one metre samples are being collected for assay and will be reported when results are received from the laboratory The Cleo Uranium Project is located within Kingsland’s Allamber Project (Figure 5). The Allamber Project contains historical exploration for uranium, copper and graphite. The project is located in the historic Pine Creek mining region where mining, predominantly for gold, has taken place since the 1870’s. The project area is well serviced with sealed roads and other infrastructure and services that enable exploration programs to progress in a timely manner. There are no native title claims or determinations covering the project area. |
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