Tyranna Resources (ASX:TYX) will increase its current reverse circulation (RC) drilling program from 6,000m to 8,000m at the Muvero prospect, as part of the Namibe Lithium Project in Angola.
To date, 10 RC holes for 1,650m of drilling have been completed to date.
Drilling will continue through next month, with a short break over the Christmas period and will restart in early January 2024.
Tyranna, which has a market capitalisation of $52.58 million, says as drilling progresses, samples will be dispatched to ALS Namibia for processing into pulps to be exported to Australia, as well as subsequent analysis.
Sample results are expected to be returned in January.
Drilling at the project has intersected numerous spodumene-bearing pegmatites, which is the company notes is evident in drill-cuttings from hole MRC01, MRC02, MRC03, MRC04, MRC05, MRC08, and MRC09.
Tyranna Resources Technical Director Peter Spitalny says the drilling program is continuing to intersect spodumene-bearing pegmatites fortifies Muvero’s potential to contain a lot of spodumene.
Tyranna Resources is an ASX-listed resources and explorer primarily focused on lithium exploration in Angola, Africa.
As of 30 September 2023, the company had $12.3 million cash at hand, according to its latest quarterly report.
Write to Aaliyah Rogan at Mining.com.au
Images: Tyranna Resources