Kingsland Minerals (ASX:KNG) will be undertaking a Scoping Study on the Leliyn Graphite Project in the Northern Territory to assess the possibility of producing a fine flake graphite concentrate.
The group will be using available technologies and testing the suitability of use in Australia with the study seeking to determine the potential economic development of a new processing facility in the Northern Territory.
Previous metallurgical testwork was completed by Independent Metallurgical Operations and will be used towards completion of this study, and open pit mine designs as well as scheduling to be completed by Auralia Mining Consulting shortly.
Current estimates of mineral resources show an indicated 12.3 million tonnes at 7.9% for 1 million tonnes contained graphite and an inferred of 180.2 million tonnes at 7.2% for 13 million tonnes contained graphite.
Kingsland, which has a market capitalisation of $7.98 million, says there is a growing demand for non-Chinese graphite projects, offering the project an opportunity to capitalise from the electric vehicle and lithium battery industries.
The study will be conducted by metallurgist Michael Rodriguez, an appointed Scoping Study manager from GR Engineering Services (ASX:GNG).
Managing Director Richard Maddocks says testing is crucial for the development of the Leliyn Graphite Project and the company is pleased to have GR Engineering onboard.
“GRES has considerable global experience in the delivery of scoping and feasibility studies and the design and construction of processing facilities,” he says.
Following results, the company will decide whether or not to proceed with additional drilling to increase indicated resources.
Kingsland Minerals is an exploration company focused on discovering “high-grade” graphite and other minerals in the Northern Territory and Western Australia.
Write to Maddison Elliott at Mining.com.au
Images: Kingsland Minerals
