Kingston Resources announced that the first of its Bynoe area tenements in the Northern Territory have been granted.
EL31091 and EL31092 are located within the northern end of the Bynoe Pegmatite Field, a historic tin-tantalum field that has been identified as a new lithium exploration region.
According to the company, historical tin-tantalum prospects are located within both tenements, and will form immediate target for near term exploration including rock chip sampling and soil sampling with a view to identifying drilling targets.
“The Bynoe Pegmatite Field is the largest and economically most important known pegmatite field in the Northern Territory, with several dozen historic tin and tantalum occurrences highlighting the prospectivity of Bynoe as a lithium-cesium-tantalum (LCT) pegmatite field,” Kingston said in a statement.
“As previous exploration has tended to focus on tin and tantalum, the area remains significantly under-explored for lithium. Recent exploration activity by other companies within the Bynoe Pegmatite Field has strengthened this belief.”
The Bynoe project is strategically located with significant infrastructure benefits including sealed road access to the tenements; close proximity to Darwin and international airport, excellent access to mains power and gas and freight advantage via the multi user facility of Port Darwin.
Kingston said it expects the majority of the remaining Bynoe applications to be granted in the coming months.