Kali Metals Ltd (ASX:KM1) has fielded positive results from the first round of reverse circulation (RC) drilling at the Spargoville Project in Western Australia, hitting up to 4 metres at 1.96% lithium oxide (Li2O) within a larger intersection of 10 metres at 0.85% from just 7 metres.
The drilling program also returned another notable result of 9 metres at 1.11% Li2O with a high-grade component of 5 metres at 1.73% from 10 metres.
This program was designed as an initial reconnaissance effort to test multiple outcropping pegmatites and improve Kali’s overall understanding of the geological controls on the tenure.
It confirmed that spodumene (hard rock lithium) mineralisation is present in several shallow dipping pegmatite dykes, with numerous lithium-caesium-tantalum (LCT) hits from the Flynn-Giles prospect.
Spodumene-bearing pegmatites confirmed
“We are pleased to announce the results from our maiden drilling program which has importantly confirmed the presence of spodumene-bearing, LCT pegmatites at the Flynn-Giles and Green Flame prospects,” Kali Metals managing director Paul Adams said.
“In the near term, using knowledge gained from the drilling to date, preparation is underway to commence our Phase 2 program at the Walton, Parker-Grubb and Flynn-Giles East prospects in the coming weeks.
“We look forward to sharing further results with shareholders as they are received.”
Phase 2 drilling
Kali expects to kick off its phase 2 program in the third quarter of this year involving 5,000 metres of RC drilling across six weeks.
The company is also analysing results from the Phase 1 reconnaissance program at the Widgiemooltha Project, with results to be announced shortly.
Drilling at KM1’s extensive 1,517-square-kilometre Higginsville assets has covered less than 1% of the project area, leaving plenty of potential for further exploration that the company is keen to capitalise on.