Quarterly Activities/Appendix 5B Cash Flow Report

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Stock Kingsland Minerals Ltd (KNG.ASX)
Release Time 24 Apr 2025, 10:07 a.m.
Price Sensitive Yes
 Kingsland Minerals: Quarterly Report March 2025
Key Points
  • Bulk Graphite Concentrate Sample dispatched for advanced metallurgical test-work
  • Indicated Mineral Resources reported for Leliyn Graphite Project
  • Infill drilling program completed late in 2024 enabled Indicated and Inferred resources to be estimated
Full Summary

Kingsland Minerals (ASX:KNG) released its March 2025 quarterly report, with the highlight being the release of Indicated Mineral Resources for the Leliyn Graphite Project. Following the infill drilling program completed late in 2024, the Mineral Resource for Leliyn was updated and now includes Indicated and Inferred resources. This updated model will form the basis for a scoping study into the production of fine flake graphite concentrate at the Leliyn site near Pine Creek, NT. Another important highlight was the dispatch of 5kg of graphite concentrate to ProGraphite GmbH in Germany, which will be used to assess the viability of producing spherical, purified graphite (SPG) from the Leliyn graphite concentrate. SPG is a pre-cursor for active anode material in Electric Vehicle and storage batteries. The results of updated modelling using the infill drilling from 2024 are very encouraging, with the area of the indicated resources having a high conversion rate from the inferred resources with contained graphite within 3%. This gives the company confidence that future infill drilling will be successful in upgrading the classification of the inferred mineral resource to indicated.