Drilling has extended mineralisation at the Authier North pegmatite from 300 metres to 500 metres in strike length as well as at depth.
Foundation for expanding resource and reserves
Management believes the new drilling has the potential to expand the size of the existing mineral resource and ore reserve, and the mineralisation remains open in all directions.
The drilling has expanded high-grade zones of spodumene mineralisation, including 25 metres at 1.48% lithium.
Another impressive return was 37 metres at 1.03% lithium from 255 metres.
The deep extensions of the main pegmatite are demonstrating excellent grades and widths.
New resource to be incorporated into DFS
Infill drilling successfully targeted areas of low drilling density with the objective of upgrading the resource categories.
A new JORC resource incorporating all the new assay results is being prepared and will be incorporated into the definitive feasibility study (DFS) which is underway.
A number of holes testing the eastern extensions of the main Authier pegmatite at shallow levels were stopped due to the presence of a fault zone.
These will be tested further in the course of a future drilling program.