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Kingsland Minerals Ltd (ASX:KNG)

ALERT: Price-sensitive ASX Announcement for KNG
Current share price for KNG : $0.051 -0.024 (-32%)+
Announcement
Release
4 May 2026 8:50AM
Price at Release
$0.075
Full Release
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Summary
Kingsland Minerals Ltd has reported significant high-grade lithium soil anomalies at its Lake Johnston Project in Western Australia. The project area, located in a region well-known for lithium deposits, offers promising results from initial soil sampling, with lithium concentrations reaching up to 1,041 ppm. Kingsland intends to undertake further exploratory work, including more detailed soil sampling and drilling, to better define the lithium mineralisation. This initiative is part of Kingsland's broader strategy to establish its presence in the lucrative lithium market.
Key Points
  • Kingsland Minerals Ltd has identified high-grade lithium soil anomalies in the Lake Johnston Project, Western Australia.
  • The Lake Johnston Project is situated in a known lithium-bearing region with existing infrastructure for development.
  • Initial soil sampling conducted by Kingsland has revealed anomalies with lithium levels up to 1,041 ppm.
  • Kingsland plans to conduct further exploration activities including detailed soil sampling and drilling to delineate the extent of lithium mineralisation.
  • The project is aligned with Kingsland's strategy to become a significant player in the lithium market.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.