EL 31148 Barrow Creek Annual Technical Report 3 October 2016 to 2 October 2017

Abstract

Slipstream WANT Pty Ltd (wholly owned subsidiary of Kingston Resources Ltd) pegged EL 31148 targeting the area's potential to host hard rock lithium in pegmatite mineralisation. The current price increase and interest in lithium is due to its increased global demand as a result of its use in battery technologies. This has resulted in a 'lithium rush' with numerous exploration licences pegged or re-evaluated based on its pegmatite hosted lithium prospectivity. EL 31148 was pegged to explore for pegmatite hosted lithium mineralisation. Slipstream Resources Pty Ltd then entered into a corporate transaction with Kingston Resources Ltd to acquire a number of lithium projects including EL 31148 as well as other Arunta Region tenure and projects at Mt Cattlin (WA) and Bynoe (NT). Kingston's has undertaken an initial reconnaissance field trip onto EL 31148 where it has collected four rock chip samples from outcropping pegmatites. KSN visited the Unnamed mica occurrence within EL 31148 which was found as a small surface workings into a micaceous edge zone of a broader quartz outcropping pegmatite.