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Kuniko gets CarbonNeutral certification for 3rd year running

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Published 05-APR-2023 14:53 P.M.

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Announcement

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Ever since it listed, our battery metals Investment Kuniko (ASX:KNI) has been committed to a ZeroCarbon approach, the same approach used by Vulcan Energy Resources, which KNI was spun-off from.

And today, KNI achieved CarbonNeutral certification - meaning that it has successfully offset its carbon emissions from its ongoing exploration works for a net zero carbon footprint:

kni carbon

We view this as an important milestone for the company as it enhances KNI’s ESG credentials at a time when battery manufacturers in Europe and OEMs are making a concerted effort to clean up their supply chains.

There’s plenty of newsflow in the pipeline for KNI too - as it is targeting high value drill results at three different projects.

What’s next for KNI?

  • Assays from nickel project drilling 🔄 - KNI is moving towards a JORC resource at a brownfields project in Norway, and has hit 25.1 m, grading 1.14 % Nickel, 1.20 % Copper, 0.07 % Cobalt, and 0.25 g/t 3E.
  • Drilling results from the cobalt drilling program 🔄 - five out of six drillholes have visible cobalt here and the assay results should further enhance KNI’s understanding of this project.
  • Drilling results from the copper drilling program 🔄- this is a bit of a wildcard project, but we know copper will be essential to the EU’s decarbonisation and electrification initiatives. KNI has completed 8 holes here for ~1500m.
  • An update on recently acquired James Bay lithium projects - KNI’s projects sit in the same region as $1.5BN Patriot Battery Metals - Patrio’s Corvette project features over 70 pegmatite outcrops. One of KNI’s projects in James Bay already has at least 30 mapped pegmatite outcrops identified on it.