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Krakatoa Resources adds high-grade gallium to King Tamba’s lithium hot streak

Published 16/08/2023, 09:41 am
© Reuters.  Krakatoa Resources adds high-grade gallium to King Tamba’s lithium hot streak

Loader Prospect within the King Tamba Project of Krakatoa Resources Ltd (ASX:KTA) in Western Australia continues to offer up surprises after rock chip assays showed up to 186 parts per million (ppm) gallium on top of further lithium strikes.

The latest assays from the third phase of rock sampling returned more than 100 parts per million (ppm) gallium in six rock samples gathered near the newly discovered prospect.

Seven rock samples collected along a 130-metre, meanwhile, returned in excess of 1% lithium oxide (Li2O).

Additionally, the results also indicated highly elevated niobium and tantalum, with peak assays of 0.27% tantalum oxide and 0.66% niobium oxide.

In total, the rock sampling program has unearthed three sub-parallel lithium-enriched pegmatites over a 300-metre span, with more waiting to be discovered.

Rock sample RX023 which returned 0.66% niobium oxide and 0.27% tantalum oxide.

Showing potential

The Loader Prospect follows the discovery of the Wilsons Prospect, around 150 metres southeast, where rock chips sampled last month returned up to 4.3% Li2O.

These discoveries, along with another newly discovered prospect, MGM, highlight the outstanding lithium and critical metal potential at King Tamba.

Further rock samples are awaiting analysis at the laboratory.

In the meantime, the company has begun preparations to undertake trenching over the anomalous areas and drill-testing the sub-surface lithium prospects of King Tamba.

A program of works approved by the WA Department of Mines is presently awaiting heritage approvals, while discussions with drilling contractors are, simultaneously, underway.

King Tamba lithium prospects showing sample locations, mapped and interpreted pegmatite outcrops and anomalous assay results.

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