Maximus Resources Ltd (ASX:MXR, OTC:MXRRF) has wrapped up a 12-hole, 2,270-metre reverse circulation (RC) drill program at the Lefroy Lithium Project, just 25 kilometres from Kambalda, Western Australia.
This drilling aimed to assess the continuity of shallow spodumene-dominant pegmatites at the Kandui Prospect.
Drilling resumed at the Lefroy Lithium Project, a joint venture with the Korea Mine Rehabilitation and Mineral Resources Corporation (KOMIR), after approval was received from the Foreign Investment Review Board (FIRB).
Samples at the lab
All samples from the drill program have been submitted for assay, with results expected in three to four weeks.
The infill and expansion drill program included 12 RC holes, with several deeper step-out holes testing depths below 200 metres.
Lefroy is in the highly prospective Eastern Goldfields Lithium-Cesium-Tantalum (LCT) Province, near Mineral Resources' Mt Marion lithium mine and processing facilities.
Diversified portfolio
Maximus holds a diversified portfolio of gold, lithium and nickel exploration projects in the world-class Kambalda region, boasting more than 335,000 ounces of gold resources across its granted mining tenements.
The initial phase of drilling at Lefroy revealed multiple shallow-dipping spodumene-dominant pegmatites and the second phase aimed to assess the continuity of lithium mineralisation over an area of 800 metres by 600 metres.
Maximus anticipates receiving the final assay results from the Phase 2 and 3 soil sampling programs soon. These are expected to deliver additional targets in the southern region of the Lefroy Lithium Project joint venture tenement package.
Wattle Dam next
Following the completion of the Lefroy drill program, Maximus will shift its focus to the Wattle Dam Gold Project.
This move follows the successful completion of a $3.2 million gold-focused capital raise. Initial drilling at Wattle Dam will target a potential structural offset of the high-grade main lode.
Previous drilling confirmed the presence of a geological sequence north of the mined envelope, showing similarities to the high-grade lode.
After completing the Wattle Dam drilling, Maximus plans to conduct extension and infill drilling at the Larkinville and Hilditch gold deposits.
Just scratching the surface
Maximus managing director Tim Wither said: “We are pleased to complete the second phase of drilling at the Kandui prospect safely and efficiently with encouraging geological logging of completed holes, which provides a greater geological understanding for future exploration programs.
“The drill program’s second phase focused on the recent intersections of high-grade spodumene dominant mineralisation within a sequence of stacked shallow-dipping pegmatites.
“We are just scratching the surface of the lithium mineralisation across the Lefroy Lithium Project.
“We expect to receive final assays from a project-wide soil sampling program shortly and anticipate additional targets in the southern region of the Lefroy Lithium Project joint venture tenement package.
“Soil mapping has been proven to be a highly effective exploration step in the region, as demonstrated at Kandui with discovering spodumene-bearing pegmatites under shallow cover through soil geochemistry.”