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Richard Maddocks - Kingsland Minerals (ASX: KNG)
Manage episode 376697729 series 3460568
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Kingsland Minerals has a rapidly emerging graphite discovery in the Northern Territory, the Leliyn Project looks extremely promising with spectacular assays including 209m at 10% graphite. Mineralisation has been outlined over 5 kilometres and this sits within a longer graphitic schist which measures 20 kilometres. Managing Director Richard Maddocks, says the company is on track to publish a maiden resource estimate for the project later this year. Drilling is ongoing, metallurgical tests are underway and the project is emerging as a globally significant graphite find. The US and Europe desperately wants graphite from places outside of China, it's considered to be a critical mineral and therefore the size, the grade and location of this project says its future is very exciting.
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