Lightning Minerals Ltd (ASX:L1M) has leveraged historical geophysical data to identify 28 new targets prospective for a range of critical minerals including lithium at the Dundas Project in Western Australia, with 10 high-priority targets selected for follow-up investigation.
From here, the company intends to delve further into Dundas’ historical geophysical and recently collected soil sampling data to better define drill targets, with geologists on-site this week to lead the effort.
“Results very promising”
“These early results continue to build the company’s confidence in the Dundas region as a significant lithium district,” Lightning Minerals CEO Alex Biggs said.
“With geophysical targets occurring along similar interpreted structures and lithologies as known lithium mineralisation to the north, the results are very promising.
“We are immediately investigating the geophysical target identified by Southern Geoscience Consultants on tenement E63/2001 and our other Dundas tenements where soil sampling is continuing.
“We continue our exploration with our soil sampling campaign and a view to developing high-quality drill targets for testing.”
L1M is particularly encouraged by the lithium-prospective targets identified on Dundas due to a recent lithium-rubidium anomaly identified in soil sampling that graded up to 60 parts per million.
The company has already begun the drilling permit process ahead of final target selection, preparing to mobilise drill rigs to site.