Kingston Resources (ASX:KSN) has received a high-grade rock chip assay of 9.63% lithium from outcropping pegmatites within its Spotted Wonder Project in the Northern Territory.
The company holds 1,550 square kilometres of prospective tenure in the region over the Barrow Creek, Utopia and Spotted Wonder mineral fields.
Kingston’s initial soil sampling program comprised 191 samples at a broad grid-spacing of 100 to 200 metres, with target areas infilled to a 25-metre grid.
The program has successfully highlighted a new zone with high lithium-in-soil values over circa 300 metres of strike.
The new lithium prospective area has been named the Delmore Prospect.
The physical appearance and mineral chemistry of the 9.63% lithium sample indicate that it is the lithium phosphate mineral Amblygonite.
Kingston is planning to undertake petrological investigations on the interpreted amblygonite sample to confirm the mineral species.
The company’s sampling program has also confirmed the presence of caesium, tantalum, and lithium-in-soil around historic workings.
Kingston will continue ongoing field work including mapping and additional surface geochemistry at the Spotted Wonder Project, with a view to obtaining drilling approvals later in the year.
The company’s next drilling activity will be at its Bynoe lithium project, where drilling will commence after the Northern Territory wet season.
Kingston is well funded to rapidly advance its exploration projects, with a cash balance of circa $5.1 million as at 31 December 2016.