Forrestania Resources Ltd (ASX:FRS) is “extremely encouraged” by initial results from a lithium-targeted reverse circulation (RC) drilling program at the namesake project’s South Iron Cap East prospect, where visual spodumene of about six metres in width has been identified.
The company believes this spodumene-bearing pegmatite (sourced from a sample at 40 metres of depth) is a small component of a more extensive system.
Spodumene is the crystalline, hard rock form of lithium, often occurring as lithium-caesium-tantalum or LCT pegmatite formations.
A full suite of assays is expected in the next six weeks, while FRS has already begun planning for follow-up drilling at South Iron Cap East.
Confirmation of exploration strategy
“We are extremely encouraged by the outcome of this drilling program,” Forrestania Resources managing director Michael Anderson said. “In addition to the recently announced thick pegmatites at Calypso, we have now discovered visible spodumene in pegmatite at South Iron Cap East.
“This serves as confirmation that our systematic exploration strategy at Forrestania is effective and that we are focused on areas that are highly prospective for lithium-bearing pegmatites.
“We still have a lot more lithium-targeted work ahead of us, not only at the Forrestania Project but also over our Eastern Goldfields ground and at our newly formed joint venture at the Hydra Lithium Project in James Bay, Canada.
“Comprehensive field work programs are planned and/or in progress and we remain confident in the discovery potential at all three project areas.”
Overall, FRS completed some 624 metres of drilling at South Iron Cap East and 670 metres at the Giant prospect – on top of some 1,900 metres at the Calypso prospect, which also intercepted pegmatites prospective for spodumene.