Future Battery Minerals up and running with Phase 3 drilling looking for more lithium at Kangaroo Hills

Fully funded Phase 3 reverse circulation (RC) drilling has commenced at Future Battery Minerals’ Kangaroo Hills Lithium Project (KHLP) in WA, targeting further shallow, thick, high-grade lithium pegmatites.

The program initially consists of 5,000m of RC infilling at the Big Red Prospect and testing the regional targets Rocky, Eastern Grey, Wallaroo and Pademelon.

At Big Red, drilling to date has intercepted stand out results of:

29m at 1.36% Li2O from 38m (KHRC011);
27m at 1.32% Li2O from 64m (KHRC017);
19m at 1.03% Li2O from 42m (KHRC015);
16m at 1.09% Li2O from 11m (KHRC022); and
12m at 1.02% Li2O from 8m (KHRC021).

Then there’s the high priority prospect, Rocky, where the presence of a lithium-bearing pegmatite has been confirmed through the proximal result of 5m at 1.12% Li2O from 104m (KHRC0037).

The company is confident that, given the proximity of these prospects to Big Red, there is a high potential for further large-scale discoveries to significantly add to the growing KHLP Li inventory.

Expanded program planned at Big Red

Once permitting is received, the program will be expanded to up to 10,000m of RC and Diamond Drilling (DD) to test the northern extension of the resistivity anomaly at Big Red.

“The Phase 3 drilling program signals an expansive next step in exploration at the KHLP,” Future Battery Minerals (ASX:FBM) technical director Robin Cox said.

“Work to date has successfully discovered shallow high grade spodumene bearing pegmatites at Big Red, highlighting the potential of the project.

“The RC program will further test the exciting discovery at Big Red and Rocky, while also testing the recently defined high priority regional targets, all of which could substantially contribute to the success of the KHLP.”

The company expects assay results from Phase 2 DD and mineralogy at the project shortly.

This article was developed in collaboration with Future Battery Minerals 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.