Kali Metals fields high-grade tin-oxide rock chip results from Jingellic's Sweetwater area

Published 04/12/2024, 11:44 am
Updated 04/12/2024, 12:00 pm
© Reuters.  Kali Metals fields high-grade tin-oxide rock chip results from Jingellic's Sweetwater area
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Kali Metals Ltd (ASX:KM1) has delivered high-grade tin-oxide results of up to 8% from the Sweetwater area of its Jingellic Project in southern New South Wales.

The Sweetwater area, within tenement EL9403 near the Victorian border, contains several historic tin mines and recently identified lithium-bearing pegmatites.

During the current geological mapping campaign at the Sweetwater area, 21 rock chip samples were collected and analysed at the ALS laboratory in Perth.

Kali initiated the geological mapping along the zones of interest, following up on encouraging tin-lithium-tantalum soil sampling results and soil anomalies of up to 3.5 kilometres long.

Rock chips collected so far have returned five high-grade samples of greater than 1% tin-oxide (SnO2), including an “exceptional” 7.99% SnO2, along with seven lower-grade samples between 0.1% and 1.0%.

These results were all accompanied by accessory tantalum of up to 560ppm and niobium of up to 490ppm.

Kali notes that the outcropping tin-bearing greisen-pegmatite zones range in width from 2 metres to 20 metres, mapped along a cumulative length of 2 kilometres, and are still open along strike.

The company expects the mapping campaign to be completed later this month and is now around halfway through the campaign.

Sweetwater area, geology plan map showing rock samples.

A lot achieved with more to come

Kali Metals managing director Paul Adams said: ”A lot has been achieved at our Southern Lachlan Fold Belt tenements since our last update in September.

“Our initial ground truthing of soil sampling anomalies has returned excellent results. The cassiterite crystals observed are large and have been observed over significant strike lengths and are still open along strike.

“We plan to finish the year by completing the follow-up mapping and sampling on priority tin and lithium soil anomalies.

“The first rock samples from the Giant Pegmatite have already returned promising results up to 1.5% lithium-oxide and we will assess its surface footprint by the year-end.

“At the same time, we have kick-started exploration activities in a new area, Mt Cudgewa. We are finishing the year with vigorous data collection that is expected to provide a generous news flow in early 2025 and beyond.”

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