Lightning Minerals managing director Troy Brice talked with Proactive about the completion of phase-two exploration at the company’s wholly owned Warby Tungsten Project in North Queensland.
The recently completed field program collected around 90 samples from priority targets as Lightning Minerals works toward identifying potential sites for an initial drilling campaign. Brice said the program had been completed ahead of schedule and under budget, with the latest geological mapping and sampling continuing to strengthen the company’s understanding of the project.
Assay results are expected around mid-August. Lightning Minerals will use those results to refine its geological model and determine where clusters of higher-grade tungsten mineralisation may be present.
The company is also considering geophysical work to improve the accuracy of future drill targeting and ensure exploration capital is deployed carefully.
Brice also discussed Warby’s location near the operating Mount Carbine tungsten mine and the strategic importance of establishing secure Australian supplies of tungsten. Depending on the results of the current program, initial drilling could take place late in the year or early the following year.
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