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Kingston Resources Ltd.
Summary
| Project: | Bynoe | |
|---|---|---|
| Deposit: | Lei | |
| Location: | Australia | |
| Commodities: | Lithium-Tantalum | |
| Date: | 7/19/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 19-7-2017: Kingston Resources Ltd. announces an Exploration/Drilling Update report for its Lei deposit at the Bynoe project. Drilling results incl. 13m @ 1.36% Li, 47ppm Ta from 121m. Kingston Resources Ltd (ASX:KSN) (Kingston or the Company) is pleased t | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Andrew Paterson (Internal) | |
| ABSTRACT: | Kingston Resources Ltd (ASX:KSN) (Kingston or the Company) is pleased to announce the results of the first phase of RC drilling at Bynoe. A small program at the Lei prospect intersected lithium mineralisation, with a best result of 12m @ 1.43% Li2O in hole KBRC024 (Figure 1). Subsequent surveys using Deep Ground Penetrating Radar technology (DGPR) indicate that this pegmatite has a north-easterly strike, and a second large pegmatite may be located approximately 180m further east. Follow up drilling is now being planned to continue testing the Lei area. Further north at the Cai prospect, drill testing beneath a north-south soil anomaly intersected pegmatites, returning assays of up to 0.3% Li2O. These results, as well as high tantalum values of up to 915ppm Ta, support the Company’s view that Cai remains a prospective area, however further work remains to identify additional drill targets. During the drilling program, the Company also successfully tested the potential of DPGR to augment identification and interpretation of drill targets. The program comprised 45 holes for a total of 4,507m: nine at Lei (924m); 29 at Cai (2,938m); five at Bao (493m); and two at Liana (152m). This program has tested prospects on only two of the Company’s nine granted tenements at Bynoe, with the majority of the work focussed on EL31133. As such, the drilling has only tested a small portion of the overall potential of Kingston’s Bynoe project. | |
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