5 September 2023Bonanza intersection of 206m at 10% Graphite confirmsLeliyn’s world-class potentialStunning result shows Leliyn boasts both scale and grade, positioning it to be a highly sought-after supplier to lithium battery industryHighlights• The latest Total Graphitic Carbon (TGC) assays from diamond holes include 206m @ 10.0 % TGC from 0m (LEDD_05)‒ incl 46m @ 12.2% TGC from 31m‒ incl 73m @ 11.2% TGC from 67mo 209m @ 7.4 % TGC from 154m (LEDD_04)‒ incl 31m @ 10.9% TGC from 237m‒ incl 38m @ 11.2% TGC from 314mo 64m @ 8.7 % TGC from 11m (LEDD_03)‒ incl 32m @ 10.9% TGC from 42m‒ and 30m @ 8.4% TGC from 94mo 101m @ 6.4 % TGC from 11m (LEDD_06)• Mineralisation has been outlined over a 5km strike length and remains open along strike andat depth• This mineralised strike sits with a 20km-long graphitic schist host rock, highlighting the scopefor huge upside beyond the initial 5km identified strike• These intersections, in excess of 200m, are proving up the Leliyn graphite deposit as anextremely large, high grade, globally significant graphite projectKingsland Minerals (ASX:KNG) is pleased to announce significant intersections of Total GraphiticCarbon at its Leliyn Graphite Project. Holes LEDD_04 and LEDD_05 were drilled at the north-westernextremity of the current drilling area and show that these massive widths and grades are open alongstrike to the north. These latest intersections provide more strong evidence that Leliyn is emergingas a large, high grade, globally significant project. RC and diamond drilling are continuing to infill andextend the graphite mineralisation.Kingsland Minerals Managing Director, Richard Maddocks said: “These latest results are globallysignificant and exceptional by any measure. The widths, grade, and shallow nature of the mineralisationshow Leliyn is on track to capitalise on the huge global demand from the lithium battery industry forgraphite battery anode material. We are about to commence metallurgical test-work with the aim ofestablishing Leliyn as a major future supplier of Australian graphite for use in lithium batteries”.
Wow! We are Graphite!
KNG Price at posting:
18.5¢ Sentiment: Buy Disclosure: Held
206m @ 10.0 % TGC from 0m (LEDD_05)‒ incl 46m @ 12.2% TGC from 31m‒ incl 73m @ 11.2% TGC from 67mo 209m @ 7.4 % TGC from 154m (LEDD_04)‒ incl 31m @ 10.9% TGC from 237m‒ incl 38m @ 11.2% TGC from 314mo 64m @ 8.7 % TGC from 11m (LEDD_03)‒ incl 32m @ 10.9% TGC from 42m‒ and 30m @ 8.4% TGC from 94mo 101m @ 6.4 % TGC from 11m (LEDD_06)• Mineralisation has been outlined over a 5km strike length and remains open along strike andat depth• This mineralised strike sits with a 20km-long graphitic schist host rock, highlighting the scopefor huge upside beyond the initial 5km identified strike• These intersections, in excess of 200m, are proving up the Leliyn graphite deposit as anextremely large, high grade, globally significant graphite projectKingsland Minerals (ASX:KNG) is pleased to announce significant intersections of Total GraphiticCarbon at its Leliyn Graphite Project. Holes LEDD_04 and LEDD_05 were drilled at the north-westernextremity of the current drilling area and show that these massive widths and grades are open alongstrike to the north. These latest intersections provide more strong evidence that Leliyn is emergingas a large, high grade, globally significant project. RC and diamond drilling are continuing to infill andextend the graphite mineralisation.Kingsland Minerals Managing Director, Richard Maddocks said: “These latest results are globallysignificant and exceptional by any measure. The widths, grade, and shallow nature of the mineralisationshow Leliyn is on track to capitalise on the huge global demand from the lithium battery industry forgraphite battery anode material. We are about to commence metallurgical test-work with the aim ofestablishing Leliyn as a major future supplier of Australian graphite for use in lithium batteries”.
