Belararox’s latest rock chip assays from its Bullabulling project in WA have identified encouraging lithium-caesium-tantalum pegmatite potential.
Results from the anomalous rock chip assays included fractionated pegmatite returning 2,444 parts per million (ppm) lithium oxide (Li2O) and anomalous pathfinder elements such as caesium (Cs) 196 ppm and rubidium (Rb) 982 ppm.
Several separate pegmatite systems returned anomalous rubidium values, exceeding 500 ppm.
The company considers the widespread distribution of these pegmatites, with both anomalous Li and Rb, very encouraging and suggests the broader Bullabulling Project area is host to a potentially significant LCT pegmatite district.
As an added bonus, the field program also returned an extremely high-grade gold result from historical workings of up to 11.95 g/t – confirming the project is also highly prospective for the precious metal.
Further exploration planned for 2H
The first assessment to date, pending further technical evaluation, is that the sampled pegmatites on the eastern side of the Bullabulling project are likely to be staged first for the ground follow- up soil sampling.
“Initial results from rock chip assays are very encouraging and highlight the lithium and gold prospectivity of the project and the company is keen to progress exploration in the 2nd half of 2023 to unlock further potential of the project,” Belararox (ASX:BRX) MD Arvind Misra said.
Belararox plans to finalise the priority of targets, which will then be grid soil sampled, then analysed by a certified laboratory for LCT pathfinder elements and gold, with the work expected to be completed in 3rd quarter 2023.
Drill selective targets based on a LCT pathfinder prospectivity assessment of the gridded soil sampling is planned for the 3rd or 4th quarter of 2023.
This article was developed in collaboration with Belararox Limited, a Stockhead advertiser at the time of publishing.
This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.