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An update from Kingsland Minerals Ltd. ( (AU:KNG) ) is now available.
Kingsland Minerals has commenced a scoping study for the production of graphite concentrate at its Leliyn Graphite Project, following an update of its mineral resources to include both Indicated and Inferred resources. The study aims to assess the economic viability of developing a processing facility, with various engineering and environmental services being provided by specialized consulting firms. This initiative is expected to potentially lead to more advanced mining and processing studies, with the possibility of expanding the mine plan significantly if the study yields positive results.
More about Kingsland Minerals Ltd.
Kingsland Minerals Ltd. 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 near Pine Creek, NT.
Average Trading Volume: 108,824
Technical Sentiment Signal: Buy
For an in-depth examination of KNG stock, go to TipRanks’ Overview page.