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Kingston Resources Ltd seeks lithium riches near operating mine


Kingston Resources Ltd (ASX:KSN) has received encouraging results from an initial rock chip sampling program at the recently acquired Mt Cattlin lithium project in Western Australia.

The Mount Cattlin package lies 14 kilometres from the 16 million tonnes at 1.08% Li2O resource and Mt Cattlin lithium mine operated by Galaxy Resources Ltd (ASX:GXY).

The rock chip results, including 3.23% Li2O and 2.76% Li2, were obtained from the Deep Purple South prospect, part of the Mt Cattlin tenements granted to Kingston last month.

Earlier this month, Kingston raised $6.01 million from investors toward the acquisition and exploration of 20 lithium-prospective tenement applications in Western Australia and the Northern Territory.

The company’s primary focus is now on lithium and covers four key project areas - Mt Cattlin, Greenbushes, Bynoe/Wingate and North Arunta.

The Greenbushes tenement is situated south of Talison Lithium’s (TSE:TLH) Greenbushes mine, the largest hard rock lithium mine in the world.

Andrew Corbett was appointed as managing director of Kingston earlier this month as part of a management reshuffle, setting the stage for a new era at Kingston.

The company has now started a detailed exploration campaign at Mt Cattlin, with the soils program commencing this week, followed by mapping and surface sampling.


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Price: 0.18 AUD

Market: ASX
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