Krakatoa Resources Ltd (ASX:KTA) has kicked off a reverse circulation (RC) drill program to test high-grade lithium targets at its wholly owned King Tamba Project in Western Australia.
The company expects to complete 12-15 holes spanning 1,200 metres across the Wilsons, Loader, and MGM prospects.
Notably, all three prospects have previously returned high grade lithium rock chip results.
Krakatoa’s drill program is expected to be completed within 10 days, with samples to be taken and submitted to a laboratory in Perth.
About King Tamba
The King Tamba critical metals and mineral resource project is located 80-kilometres north-west of mount magnet in Western Australia and lies within the Dalgaranga Greenstone belt.
The project contains the Dalgaranga open pit where historical open pit production of 6,434 kilograms of Ta2O5 occurred between 2001-2003 and numerous tin, tantalum and niobium workings have been documented.
The Dalgaranga Greenstone Belt is about 50 kilometres long and up to 20 kilometres wide and contains gold mineralisation (Dalgaranga gold mine), a zinc deposit (Lasoda), graphite deposits, and occurrences of tantalum, beryllium, tin, tungsten, lithium and molybdenum related to pegmatites.
The current project comprises five granted tenements (E59/2389, P59/2082, 2140, 2141 and 2142) with a one under application (E59/2503). Collectively they cover around 43 square kilometres.