Samples collected to date have been submitted for assay with results expected in the coming weeks. Exploration work is also set to resume imminently.
Meanwhile, KNG remains on track to deliver a maiden resource for its flagship Leliyn graphite project in the Northern Territory later this quarter.
The company’s exploration target for the project is 200-250Mt @ 8-11% TGC for contained graphite of 16-27Mt, based on a graphitic schist measuring 5km long, 200m deep and 100m wide.
KNG believes there is also significant exploration potential within the remaining 15km of graphitic schist at Leliyn.
