Announcement Date: 2023-10-25
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Kingsland Minerals Ltd.
Project name: Leliyn
Location: Australia
Commodities: Graphite
Highlight: Drilling results incl. 153m at 6.8% Graphite from surface
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: The latest strong assays and progress on the resource and metallurgical fronts further strengthen the outlook for Leliyn. This outstanding progress is particularly pertinent given China’s recent announcement that it would introduce export controls for natural flake graphite and its products later this year. This is in addition to similar export controls introduced for gallium on 1 August this year. Leliyn also has significant gallium within the graphitic schist and future test-work will establish the economic viability of extracting this.
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