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Kingsland Minerals Begins Drilling at Leliyn Graphite Project

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Kingsland Minerals Begins Drilling at Leliyn Graphite Project

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Kingsland Minerals Ltd. ( (AU:KNG) ) just unveiled an announcement.

Kingsland Minerals Ltd has commenced diamond drilling at its Leliyn Graphite Project to collect approximately 6,000 kg of material for metallurgical test-work. This initiative follows a positive scoping study and aims to optimize the parameters for crushing, grinding, and flotation, potentially enhancing the project’s economic viability. The drilling program will consist of four diamond core holes, with early results indicating promising graphite grades, which could strengthen Kingsland’s position in the graphite market.

More about Kingsland Minerals Ltd.

Kingsland Minerals Ltd (ASX:KNG) operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily engaged in the production of graphite concentrate, with a significant project located at Leliyn in the Northern Territory.

Average Trading Volume: 196,047

Technical Sentiment Signal: Sell

For a thorough assessment of KNG stock, go to TipRanks’ Stock Analysis page.

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