Premier1 Lithium Ltd (ASX:PLC) has confirmed the orientation and depth of a swarm of pegmatites at the Abbots North Project in Western Australia, having completed the first phase of lithium exploration drilling on the tenure.
The company drilled 11 reverse circulation (RC) holes over 1,623 metres targeting the main outcropping pegmatites at the Buttamiah prospect, which has previously been mapped over a strike of 350 metres and up to 2-3 metres in width at surface.
Of 11 drill holes, nine intercepted pegmatites of up to 4 metres in thickness with some lepidolite (most abundant form of hard rock lithium) apparent – PLC has submitted all samples for multi-element analysis, with results expected in about six weeks.
Dialling in on lithium
“In our first drilling program, we were able to confirm the continuity of the mapped pegmatites at depth and enhance our understanding of the lithium-caesium-tantalum (LCT) system,” Premier1 Lithium CEO Richard Taylor said.
“Although still in the early stages, Abbotts North is gradually revealing its geological story.
“Further analysis of the RC samples will play a significant role in informing our next drilling targets and in evaluating the area's lithium potential.
“We look forward to updating our shareholders as we continue to explore this exciting region.”
Premier1 Lithium intends to complete further mapping and sampling of the known pegmatites at Buttamiah and the greater tenement package to define and refine drill targets, including preparation for heritage clearance surveys.
The company says it is fully funded to support the next phase of drilling at Abbots North.