XTC Lithium Ltd (ASX:XTC, OTC:XTCPF) has defined multiple gold and lithium anomalies with auger drilling at the Southern Cross Project in Western Australia, also delineating two new gold trends.
The trends registered gold values up to 437.2 parts per billion gold, stretching across 1.1 kilometres of strike with anomalous pathfinder elements adding to the zone’s potential.
The anomalies lie along trend from the historical Southern Star open pit gold mine, another indicator of potential prospectivity.
Auger results offer follow-up opportunities
XTC intends to further investigate both gold anomalies, as well as the lithium concentrated in the central part of the tenement, which has potential to host pegmatite formations.
“These preliminary auger results are on a 100x200-metre grid and provide strong follow up targets for further field testing,” XTC’s announcement reads.
The company says it will continue to investigation the anomalies further with an additional desktop interpretation of the results, which will inform an infill program to better refine targets.
XTC intends to leverage the UltraFines lithium sampling method developed by the CSIRO, which gives better indications of lithium in weathered portions of in-situ material, as opposed to transported material from other areas.