Special Report: Future Battery Minerals says Phase 2 reverse circulation (RC) drilling program has partially delineated a highly prospective interpreted lithium–caesium–tantalum (LCT) pegmatite unit at the Kangaroo Hills Lithium Project (KHLP) in WA.

The pegmatites are not confirmation of lithium (Li) grade as assays are yet to be received, but the company believes they have intersected the same host pegmatite from Phase 1 drilling which discovered the outstanding result of a spodumene bearing pegmatite grading 29m at 1.36% Li2O from 38m within drill hole KHRC011.

Step out holes have intercepted similar thicknesses of pegmatite both East-West and North South of the discovery hole. Highlighting a very clear continuous thickness of the Lithium bearing host pegmatite of 200m width by 300m strike. Importantly assays returned of the remaining Phase 1 programme have confirmed the presence of LCT pegmatites throughout the project area.

A total of 19 RC holes for over 2,200m have been completed to date for Phase 2, with diamond drilling set to commence on 24 April 2023 and will provide confirmation of the orientation of the pegmatite and also a suitable bulk sample for mineralogy scanning and potential metallurgical assessments.

 

Testing the LCT potential of the project

Future Battery Minerals (ASX:FBM) technical director Robin Cox said the geological interpretation of the Phase 2 RC drilling program has now answered some very important questions for the FBM team.

“We believe that the shallow thick LCT pegmatite intercepted in KHRC011 is not an isolated occurrence as wide step-out holes have proven that this pegmatite is continuous within a well defined east-west width and north-south strike orientation,” he said.

“Importantly, the dip has been defined as very shallow of minus 20 degrees and remains open to the north where there is significant potential for strike extension.

“While we wait for the Phase 2 assay results, FBM will push ahead with diamond drilling to provide important, structural and mineralogical results to further advance the KHLP.

“Pleasingly, the remaining assays received from the Phase 1 program have highlighted the LCT potential of the greater project area which will be subject to further exploration.”

 

 

 

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.

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