Future Battery Minerals Kangaroo Hills Lithium Project Phase 2 diamond drilling yielded High Grade Lithium assays. The 5 Big Red Prospect holes reveal high-grade Li from spodumene-bearing pegmatites.
As part of the Phase 2 programme at the Kangaroo Hills Lithium Project (KHLP) in Western Australia, Future Battery Minerals Ltd (ASX: FBM) is thrilled to report High Grade Lithium assay results from diamond drilling.
The assay results include:
- 23m @ 1.19% Li2O from 44m (KHDD001);
- 10m @ 1.30% Li2O from 25m (KHDD002); and
- 5.9m @ 1.15% Li2O from 0m (KHDD004).
After the results of the initial RC drilling in March 2023 at the KHLP revealed the presence of shallow-thick High Grade Lithium pegmatites, five diamond core holes were drilled at the Big Red Prospect (Big Red) in the month of May.
The purpose of the diamond drilling core component of the Phase 2 drilling programme was to obtain additional geological information on Big Red. This data will be used by the company in the initial phases of its metallurgical and mineralogy analysis studies.
Importantly, the diamond drilling core produced thick intercepts of spodumene containing pegmatite, and thick High Grade Lithium samples were obtained from three of the five diamond drills.
The company states a programme for RC drilling in phase 3 is being carried out at the moment testing the Big Red as well as the attractive regional potential at Rocky, Eastern Grey, Wallaroo, and Pademelon. The programme, which currently stands at 5,000 metres, is going to be expanded such that it also encompasses further diamond drilling.
Future Battery Minerals said the core samples will make it possible to conduct in-depth geological evaluations, which will include key structural measures to better comprehend the pegmatite’s geometry. Further diamond drilling is scheduled to take place within the next two weeks. The project is jointly owned (Future Battery Minerals 80% and Lodestar Minerals (ASX: LSR) 20%.
Technical Director of Future Battery Minerals, Robin Cox, made the following comment:
Wrapping up the Phase 2 drilling programme, the assay results of the DD component support the significant discovery at the Big Red Prospect within the Kangaroo Hills Lithium Project. The diamond drilling has been invaluable at this early stage of the project, providing the team with the ability to conduct detailed geological and mineralogy logging of the spodumene pegmatite and provide sample for metallurgical test work. As the Company proceeds with drilling the Phase 3 RC programme, preparations are underway to mobilise a diamond core rig to the site within the next fortnight. This rig will complement the current drilling programme at the KHLP.
