A follow-up 2,500m reverse circulation drilling program has kicked off across the Kangaroo Hills Lithium Project (KHLP) to test the strike potential of shallow, thick, high-grade lithium discovered in Phase-1. 

Of particular focus for the company is the significant intersection in drill hole KHRC011 which returned 29m at 1.36% Li20 from 38m and remains open to the east, north, and south.

Future Battery Minerals (ASX:FBM) says drilling here aims to confirm the strike orientation with reverse circulation (RC) as a first priority with drill holes averaging a depth of 120m.

It is believed that the high-grade pegmatite is relatively flat lying and can be adequately tested using shallow drilling.

Once RC drilling wraps up, the basic strike of the pegmatite diamond drill holes will then be strategically planned to confirm the geometry.

 

Boots on the ground in no time

“The FBM team has wasted no time in getting back on the ground to test the extent of this significant intercept,” FBM technical director Robin Cox says.

“This planned follow-up drill program will directly step-out from the discovery hole (KHRC011), testing the open ground to the east, north and south which will provide the strike orientation of this Li rich pegmatite.

“Our field team has done a remarkable job so far to get us to a drill ready position so quickly and the entire FBM team is excited about what this program may deliver”.

 

Drilling program

FBM says drilling will take between four to six weeks with all pegmatite intersections to be sent for assaying. The company is also nearing completion of the Litho-Magnetic Structural (LMS) review.

Targets generated from this review will require further permitting and will be tested in a Phase-3 exploration program.

Results are pending from the remaining 10 drill holes of the Phase-1 drill program, which will be reported once received and interpreted.

 

 

 

This article was developed in collaboration with Future Battery Minerals, 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.