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Lightning Minerals drills down into high priority lithium targets at Dundas

Published 24/01/2024, 09:44 am
© Reuters.  Lightning Minerals drills down into high priority lithium targets at Dundas
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Lightning Minerals Ltd (ASX:L1M) has kicked off a 7,500-metre aircore drilling campaign at the E63/2000 tenement in the Dundas region of Western Australia, targeting multiple sample areas that returned greater than 100 parts per million (ppm) lithium.

The company will focus drilling on identified lithium, rubidium and caesium soil anomalies that graded up to 218 ppm lithium, trending northwest to southeast over a 2.6-kilometre by 1-kilometre area within the tenement.

Encouragingly, the tenement sits just 8 kilometres east of Liontown Resources’ Buldania project, which already holds a mineral resource estimate of 14.9 million tonnes at 1% lithium oxide.

Strong lithium targets, prospective region

“It’s always exciting to begin a new drill program and with the targets we have generated on E63/2000 the next logical step is testing through aircore drilling,” Lightning Minerals managing director Alex Biggs said.

“Our team has worked hard over the past 12 months to define some strong lithium targets in a very prospective region.

“We welcome Gyro Australia back as our drilling contractors and wish our team a safe and productive drilling campaign.

“We look forward to keeping the market updated on our progress.”

The company says any pegmatite intersections discovered during aircore drilling will be analysed and followed up with reverse circulation (RC) drilling, should lithium-bearing minerals be identified, to test deeper, fresh lithologies.

Read more on Proactive Investors AU

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