Premier1 Lithium Ltd (ASX:PLC) has kicked off its first drilling program at the Abbotts North Project, 35 kilometres north of Meekatharra in Western Australia.
A total of 2,000 metres of reverse circulation (RC) drilling is planned to test the depth and extent of the mineralised pegmatite field at the project’s main Buttamiah prospect where several parallel lithium-bearing pegmatites have been mapped and sampled.
Premier1 CEO Richard Taylor said: “We are excited that the first drill program is now underway and we look forward to testing the compelling LCT pegmatite targets at Abbotts North.
"The team has worked hard to achieve all required milestones to commence drilling so soon after funds were received from the recent capital raise.”
The program is expected to be completed later this month.
Premier1 has an option to acquire 100% of the Abbotts North Project from a private vendor.
The company's projects are in the heart of Western Australia’s renowned greenstone belts, home to the world’s largest lithium-bearing LCT pegmatite deposits.