Red Mountain Mining (ASX:RMX) is set to begin phase one drilling towards the end of May 2023 at its Mustang Lithium Project in Nevada, US.
The junior explorer has signed on a ‘reputable’ Nevada-based drilling company, Alloy Drilling, to complete the phase one program, encompassing 8 holes to a maximum of 150m to target lithium-bearing clay horizons.
Red Mountain says it’s now set to begin drilling after the Nevada Bureau of Land Management (BLM) approved an exploration drilling permit for the project.
The company is currently conducting the required site preparations and constructing drill access tracks at the project.
Red Mountain says this activity is expected to be completed within the next 7 days, with a reverse circulation (RC) drill rig to mobilise to the site post-completion of site preparation.
Red Mountain says this activity is expected to be completed within the next 7 days, with a reverse circulation (RC) drill rig to mobilise to the site post-completion of site preparation
Meanwhile, at the Lithic Lithium Project, further mapping and surface sampling is continuing, which will assist Red Mountain with further evaluation of the project’s lithology and stratigraphy and help provide future drill targets.
The company says a drilling program for Lithic will be designed upon the receipt of assay results from surface sampling.
The Mustang Lithium Project is located on the south-eastern flank of the hydrologically-closed Monte Cristo Valley, 9km south of Belmont Resources (TSXV:BEA) Kibby Lake Project.
Red Mountain Mining is an Australian and US exploration company focused on its lithium projects in Nevada.
The company’s portfolio assets include the Mt Mansbridge Heavy Rare Earths Project and Mt Maitland Gold Project in Western Australia, the Koonenberry Gold Project in New South Wales, the Batangas Gold Project in the Philippines, and the Lithic and Mustang lithium projects in Nevada, US.
Images: Red Mountain Mining Limited
