Krakatoa Resources ponders what lies underneath King Tamba’s 3km-long mineralised corridor
Special Report: Phase 2 exploration at Krakatoa Resources’ King Tamba lithium project in WA’s Mid West is 75% complete – and so far has drilled into multiple pegmatites with thick intersections up to 39m in width downhole.
Krakatoa Resources’ (ASX:KTA) King Tamba was once seen as a tantalum project – and even a rubidium play following the identification of a 5Mt resource grading 0.14% Rb – yet further exploration work has since proven the project’s lithium credits are worth chasing.
King Tamba contains a 3km-long mineralised corridor with “very high, elevated soil samples of lithium, caesium, tantalum, rubidium and niobium”, and KTA’s current Phase 2 drilling program is delving underneath the soil anomaly to prove up the endowment.
Some 27 holes for 3938m of a planned 49-hole, 6000m Phase 2 exploration drill program have been completed to date, striking into multiple pegmatites with intersections up to 39m downhole-width at the ex-tantalum mine.
Hole depths for the campaign so far have ranged from 134-198m, with an average of 145m, with 20 out of 27 holes have intersected pegmatites hosted in a mixture of dolerite and fine-grained metasediments.
KTA says the pegmatites showed variable proportions of quartz, feldspar and mica, along with traces of accessory minerals such as fluorite and tourmaline in places – all the hallmarks of fractionated igneous rocks associated with lithium-caesium-tantalum (LCT) pegmatites.
Significant pegmatites have been intersected in multiple drill holes so far, including a 39m thick unit from 123m depth in hole DAL069, 34m thickness from 91m in DAL062 and 18m from surface in DAL068.
Two batches totalling 788 drilling samples have been delivered to the lab over the course of the program and are awaiting assay.
The remaining 22 holes will be drilled in January after the Christmas break.
This article was developed in collaboration with Krakatoa Resources, 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.