Geophysical survey highlights target areas at BynoeKSN - April 18, 2017
Magnetic, radiometric and aster data combined to generate new target areas
Three main areas highlighted for additional work
Drilling approvals in place for Cai, Lei, Bao, Liana and Min prospects
Kingston Resources (ASX:KSN) is pleased to announce the initial results of an airborne geophysical survey at Bynoe (Figure 1), flown in collaboration with Liontown Resources Ltd and Core Exploration Ltd (refer ASX announcement 10 January 2017). Kingston had the aeromagnetic and radiometric data interpreted by Southern Geoscience Consultants in conjunction with available Aster data to produce a series of structural and radiometric targets. This information will now be used to prioritise ongoing soil geochemistry programs and drill targeting.
The interpretation has highlighted targets for on-ground testing in three areas:
- EL31133: four structural and radiometric targets. The radiometric targets correspond with known pegmatite outcrops, are close to a known lithium-in-soil anomaly (Cai) that is scheduled for drill testing in the upcoming RC program, and are along strike from Core Exploration’s Grants and Far West lithium discoveries.
- EL31091: seven radiometric targets, one of which is adjacent to a lithium-insoil anomaly (Lei) that is scheduled for drill testing in the upcoming RC program. The other target areas are yet to be tested.
- EL31151: six radiometric targets in and around a series of structural targets, in an area which has not yet been tested by soil sampling. This area is adjacent to Core Exploration’s Ringwood prospect (Figure 2).
Drilling Approvals Kingston has received approvals for three RC drilling programs at Bynoe. An initial program of between 3000 – 4000m of RC drilling is scheduled to commence once the seasonal rains have finished. Targets identified by Kingston’s prior surface sampling have been further refined by the recently completed geophysical interpretation to prioritise phase one drill targets.
“This has been a valuable collaborative geophysical program between the active lithium exploration companies at Bynoe”, commented Kingston’s Managing Director Andrew Corbett. “The interpretive work has highlighted areas for us to test with additional geochemistry, and we’re looking forward to starting our RC program as soon as the dry season begins”.