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Kingsland Minerals Ltd. ( (AU:KNG) ) has issued an update.
Kingsland Minerals has expanded high-grade lithium soil anomalies at its Lake Johnston project in Western Australia, with new sampling extending +200 ppm Li2O zones and outlining extensive +100 ppm anomalies across most of the 890 sq km tenement. The anomalies coincide with greenstone lithologies interpreted as part of the Lake Johnston Greenstone Belt, a proven host of hard rock lithium and nickel, reinforcing the area’s prospectivity.
The company is now planning a maiden drilling program and potential geophysical surveys to test fresh rock lithium mineralisation and determine the hard rock source of the surface anomalies. These exploration steps could materially advance Lake Johnston toward a defined lithium discovery and enhance Kingsland’s strategic position in a well-recognised lithium belt where other operators have already confirmed lithium mineralisation from similar soil anomalism.
More about Kingsland Minerals Ltd.
Kingsland Minerals Ltd. is an Australian exploration company focused on battery metals, with projects targeting lithium and nickel. Listed on the ASX under the ticker KNG, it is advancing the Lake Johnston project in Western Australia, a greenstone belt region known for significant hard rock lithium and nickel deposits, positioning the company within a key global lithium exploration corridor.
Average Trading Volume: 92,211
Technical Sentiment Signal: Sell
Current Market Cap: A$6.8M
For detailed information about KNG stock, go to TipRanks’ Stock Analysis page.