Battery Age Minerals maiden drill campaign started well with accelerated tests revealing multiple +20m high-grade intersections and continuing visible intercepts of mineralized pegmatites.
Battery Age Minerals Highlights
- Battery Age Minerals Visual mineralisation observed in 22 of the 26 holes drilled to date with mineralised estimates up to 25% spodumene content.
- 26 holes for 2,693m have been completed to date in the maiden ~5,000 metre drill programme, with assays pending for 17 holes.
Initial assay results have been received from the drilling programme at Battery Age Minerals (ASX: BM8) Falcon Lake Lithium Project in Ontario, Canada. The results of the first series of assays have shown that there is significant shallow mineralisation throughout all four of the holes that have been laboratory examined.
Significant widths and grades of spodumene mineralisation were encountered in all of these holes, confirming the visual discoveries recorded on July 4th.
Significant lithium mineralisation has been found in all of the holes for which laboratory assays have been returned. The composite high for hole 23FL-004 was 1.44% Li2O over 21.92 metres, and the internal high for hole 23FL-005 was as high as 1.89% Li2O.
The company stated addition to the achievements demonstrated in the ASX Announcement “Spodumene bearing pegmatites up to 27.6m in width intersected from surface at Falcon Lake” reported on July 4th, Battery Age Minerals continues to see excellence in its drilling campaign, with an additional 12 holes intersecting mineralised pegmatites with visual mineralisation.
Gerard O’Donovan, CEO of Battery Age, made the following comment:
We are delighted with the results from the first batch of diamond holes at Falcon Lake. These results confirm that we have significant mineralisation across a number of holes. Coupled with these assays, our subsequent holes have continued to intersect mineralisation with visible spodumene of varying percentages. We look forward to sending these to the lab for testing to verify the level of mineralisation.
The maiden drilling represents the first step in a phased approach at Falcon Lake and it is fantastic to have generated some outstanding results to begin with. The second phase which will run in parallel to drilling includes our field exploration campaign. This will commence in the near term, and we are confident it will generate more high-priority targets for the drill rig as we move across the property.
The company went on to say in the following weeks they intend to start their summer field work programme, which will represent Phase 2 of its exploration campaign. This will take place in combination with the company’s initial drill schedule.
As the company continues to test the highly prospective character of Falcon Lake, the completion of these works is anticipated to further clarify high priority targets for the ongoing drilling programme.
