Lightning Minerals (ASX:L1M) has kicked off a follow-up reverse circulation (RC) drilling program at its wholly owned Dundas South Project in Western Australia.
The $7.99 million market capitalisation company says the program aims to follow up on pegmatite intersections encountered during aircore drilling to test the orientation, dip, and potential lithium-caesium-tantalum (LCT) mineralisation of the area.
Some of the top aircore hits include 17m of pegmatite in hole DSAC0071 from 30m to 47m, 3m of pegmatite in hole DSAC01024 from 21m to 24m, and 20m of pegmatite in hole DSAC0033 from 31m to 51m. Each of these holes ended in pegmatite.
Commenting on the RC drill program, Lightning Minerals Chief Executive Officer (CEO) Alex Biggs says: “We’re excited to have begun our follow-up RC program immediately post-completion of our aircore drilling on E63/2001.
The speed at which we have pivoted to RC drilling is a demonstration of our confidence in the pegmatite intersections we are seeing and our desire to complete our exploration quickly and effectively.
“The speed at which we have pivoted to RC drilling is a demonstration of our confidence in the pegmatite intersections we are seeing”
Drilling below the weathered lithology encountered during our aircore drilling presents the opportunity to now target fresh rock, gain an understanding of pegmatite orientations and test the potential for LCT mineralisation.
The team has demonstrated a staged, streamlined approach to how exploration should be completed, with subsequent stages of exploration leveraging off the success of the last.”
Lightning Minerals also notes an infill soil sampling campaign is underway on tenements E63/2000 and E63/1993 to further delineate an 8km-square lithium-in-soil anomaly that has been uncovered with assays up to 218 parts per million (ppm) on E63/2000.
The Dundas Project area is located near Norseman in Western Australia and consists of 8 tenements totalling 454km-square.
Lightning Minerals is a mineral exploration company focused on the exploration of critical minerals and lithium at its tenements across Western Australia. The company’s assets include the Dundas, Mt Jewell, Mt Bartle, and Mailman Hill projects, which are prospective for base and critical metals.
Images: Lightning Minerals
