Kangaroo Hills has jumped up Future Battery Minerals’ priority queue after step-out drilling returned thick, shallow and high-grade lithium intercepts to the north, east and south of the discovery hole.

The step-out drilling at the project in Western Australia returned assays such as 27m grading 1.32% Li2O from a down-hole depth of 64m including 4m at 2.5% Li2O from 80m (KHRC017), 19m at 1.03% Li2O from 42m(KHRC015) and 16m at 1.09% Li2O from 11m (KHRC022) in spodumene-bearing pegmatite.

Future Battery Minerals (ASX:FBM) has interpreted the outcropping pegmatite hosting the lithium mineralisation as being at least 300m long, 200m wide and up to 30m in thickness.

It is also believed to be open along strike at a steady -20 degrees dip.

Technical director Robin Cox said the first assays from the Phase 2 reverse circulation drill program had confirmed thick, high-grade lithium in step-out drilling from the KHRC011 discovery hole, which had intercepted 29m at 1.36% Li2O from 38m.

 

More to come

“The company is also pleased to advise that diamond drilling has now commenced, with the first hole targeting the high-grade mineralisation between KHRC011 and KHRC015,” he added.

“Given the immediate success of the 2023 Phase 1 and Phase 2 RC exploration drilling programmes, the company is keen to better understand the mineralogy and metallurgy of this important discovery through the DD programme now underway.”

Assays are also pending for a further 23 holes drilled during the Phase 2 drilling.

 

 

 

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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