Stelar Metals Ltd (ASX:SLB) has identified new anomalous zinc results in soil sampling at the Linda Zinc Project in South Australia, doubling the size of the mineralised footprint at surface.
The company extended soil sampling to cover the broader Linda region, growing the size of the target to more than 600 metres by 300 metres – portable x-ray fluorescent (XRF) results have revealed zinc grades up to 0.7% in soils.
Several areas outside the Linda target have also returned strong zinc anomalies, including at the contact with the Linda Breccia, to the west where stratigraphic (geological layering) contacts contain visible mineralisation.
Potential for economic mineralisation at depth
“The new results doubling the size of the zinc target and identifying additional areas of anomalism at Linda zinc target are impressive and highlight the prospectivity of this region for zinc, a commodity which increasingly is in high demand and used to assist with global electrification though its use in new technology batteries,” Stelar Metals CEO Colin Skidmore said.
“The scale and particularly the direct shipping ore (DSO) grade of the surface zinc mineralisation at Linda, which is similar to past zinc production from Perilya’s nearby Beltana Zinc Mine, is very encouraging and indicates to Stelar the potential for economic mineralisation at depth.”
The company also collected several rock chip samples from outcrops across the tenure, particularly to the west of the Linda target, where outcrops were tested using a wet-chemical zinc-zap test and performed favourably, indicating high-grade mineralisation.
From here Stelar intends to complete detailed mapping over Linda to define drill targets and optimise the design of a drilling program.
The company is in the midst of advancing land access negotiations and expects to begin drilling in 2023.