Eastern Resources lands Lepidolite Hill PoW approval

Eastern Resources (ASX:EFE) is one step closer to drilling at its 70% owned Lepidolite Hill Lithium Project in Western Australia after landing approval for a program of work (PoW). 

The $9.93 million market capitalisation company says the project is located adjacent to the Kangaroo Hills Lithium Project, which is wholly owned by Future Battery Minerals (ASX:FBM) and where ‘thick’ spodumene bearing pegmatites were recently identified. 

Eastern Resources reports it recently completed systematic mapping at Lepidolite Hill followed by a drilling program targeting the area between the existing Lepidolite Hill pit and Tantalite Hill, and east of Signal Hill towards Future Battery’s spodumene discovery.

Now, the upcoming drill program will test the potential for extensions to the lithium-caesium-tantalum (LCT) pegmatites found at the project, as well as assess the potential for lithium-bearing pegmatites adjacent to the Kangaroo Hills project. 

Drilling is scheduled to begin following the completion of heritage surveys, which are slated for next quarter.     

Commenting on the program of work, Eastern Resources Executive Director Myles Fang says: “We are excited about the upcoming drill program at the Lepidolite Hill Project, which will assess the potential for lithium mineralisation. 

Exploration is planned at a number of high-priority areas, with drilling focused on existing and newly identified prospects at both Signal Hill and Tantalite Hill

Exploration is planned at a number of high-priority areas, with drilling focused on existing and newly identified prospects at both Signal Hill and Tantalite Hill.”

Eastern Resources is an ASX-listed lithium focused explorer and developer that holds 5 lithium assets in Western Australia. 

The company’s Lepidolite Hill project is located in the Southern Yilgarn Lithium Belt, about 18km south-southwest of the township of Coolgardie and 32km west of the Mt Marion Lithium mine. 

Eastern Resources had $5.9 million cash at hand as of 30 June 2023, according to its latest quarterly report. 

Write to Adam Drought at Mining.com.au

Images: Eastern Resources
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Written By Adam Drought
Born and raised in the UK, Adam is a sports fanatic with an interest in Rugby League and UFC/MMA. When not training in Muay Thai and Brazilian Jiu Jitsu, Adam attends Griffith University where he is completing his final year of a Communication & Journalism degree.