Kingsland Minerals (ASX:KNG) has commenced RC drilling at its Leliyn Graphite Project in the Northern Territory, Australia’s largest graphite deposit.
This drilling program is targeting a 600m strike length of the graphitic schist unit that contains the existing Inferred Mineral Resource. The Inferred Mineral Resource of 194.6mt @ 7.3% Total Graphitic Carbon (TGC) is the largest graphite deposit in Australia and one of the top 10 deposits by size globally.
The drilling programme will focus on upgrading the inferred resources to indicated. The drillholes are located along a 600m long section of the current Inferred Mineral Resource and will be drilled to about 100m vertical depth. This section of the deposit will be re-estimated with the new information with drilling density sufficient to estimate Indicated Mineral Resources.
The completion of this drilling program with drill section spacing of about 50m will enable the estimation of Indicated Mineral Resources. The Indicated Mineral Resources, along with the current Inferred Resources, will form the basis of a Scoping Study assessing the economic viability of producing a flake graphite concentrate.
Initial metallurgical test work completed during 2023 has shown that a graphite concentrate of 94% TGC can be produced from the Leliyn mineralisation.
The production of a bulk graphite concentrate sample is nearing completion. This sample will be further tested for the production of purified spherical graphite, a pre-cursor for graphite anode material used in EV and storage batteries.
