Metalicity completes first pass Pilgangoora South Drilling

THE DRILL SERGEANT: Metalicity (ASX: MCY) has completed first pass wide spaced reverse circulation (RC) drilling of 11 holes at the Stannum prospect, within the company’s Pilgangoora South lithium project in Western Australia.

Metalicity said the drilling intersected very thick albite rich lithium‐caesium‐tantalum (LCT) type pegmatites, including an area with a vertical thickness of at least 124 metres from surface.

The company explained the vertically oriented RC drilling at Stannum was designed to test the lithium potential of the three northern pegmatites (Vun, Dus, and Tria) and to determine the source of spodumene previously encountered in surface sampling.

Metalicity considers the thicknesses of the pegmatites intersected to be of some note, being Tria greater than 124m, Duus 60m, and Vun 28m.

The company will now undertake a suite of assays as well as petrological studies,X‐Ray Diffraction  (XRD) and geological modelling to assess the lithium potential, mineralogy and to underpin future work, including potential infill and extension drilling.

“The initial first pass drill assessment within the Northern pegmatites at Stannum suggests a very large albite rich LCT type pegmatite system spanning one kilometre by 300 metres at surface and up to 124 metres thick (depth from surface),” Metalicty managing director Matt Gauci said in the company’s announcement to the Australian Securities Exchange.

“Assays, petrological and geological modelling studies are underway to determine lithium grades and associated mineralogy, with results to be released as they become available.”

The Pilgangoora South project comprises more than 458 square kilometres of tenure in the world‐class Wodgina/Pilgangoora district.

To date, Metalicity has identified two key prospects it has prioritised for drilling at Pilgangoora South, being the Stannum and Turner River North prospects.

Website: www.metalicity.com.au