Kingsland Minerals Ltd. announced that it has secured a $92,500 co-funding grant from the NT Government. The funding from the Northern Territory Government is part of the Resourcing the Territory initiative. The grant will be used for four diamond core holes of 150m each.

Under the agreement, the NT Government will fund 50% of the total drilling costs of these holes. This drilling is expected to start in coming weeks. Diamond drilling has already commenced on other, non-funded, holes at the Leliyn Graphite Project in the Northern Territory.