KNG 2.38% 20.5¢ kingsland minerals ltd

Ann: Maiden Drilling Program Underway at Leliyn Graphite Project, page-5

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  1. 3,968 Posts.
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    probably worth noting that ITM also has an exploration target on it sugarloaf deposit which was 150-250mT at 7-12% tgc. (drilling results validating it) so if both are put it in same optic agree both are way out to the left and that's aussie based.

    FWIW That would not include Lacroma which is estimated to be similar in size. aka another 150-250mT. (drilling underway).

    Definitely the 2 better value graphite plays. I like KNGs RvR as I mentioned previously when tagged here, would just need some assurance on the met work side of things and there's enormous upside. enormous upside on the resource alone you'd think but market is funny like that. Saratoga when bananas on its resource but aussie stuff doesn't move haha.

    I would wish best of luck on the drilling program but resource estimates are indicative of resources there so you won't need much luck here. Confirmation type drilling which is great bang for buck.

    SF2TH
 
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