Future Battery Minerals Drills Shallow High-Grade Lithium Intercepts at Kangaroo Hills

THE DRILL SERGEANT: Future Battery Minerals (ASX: FBM) reported on recent drilling activity at the company’s 100 per cent-owned Kangaroo Hills lithium project (KHLP) in Western Australia.

Future Battery Minerals’ Phase 3 RC and diamond drilling program at the KHLP predominantly focussed on grid drilling of the Rocky prospect and wide-spaced scout drilling of selected regional targets, including Big Red.

Drilling targeting east-west extensions of Big Red encountered:

8 metres at 0.91 per cent lithium oxide (Li2O) from 34m, including 5m at 1.21 per cent Li2O from 37m;

3m at 1.05 per cent Li2O from 34m; and

2m at 1.29 per cent Li2O from 6m.

Assay results returned from both RC and diamond at the Rocky prospect continued to confirm visual observations with numerous shallow high-grade intercepts, including:

4m at 1.34 per cent Li2O from 9m (Big Red) and 4m at 1.01 per cent Li2O from 146m (Rocky);

8m at 0.83 per cent Li2O from 127m, including 2m at 1.24 per cent Li2O from 127m;

6m at 0.76 per cent Li2O from 4m, including 1m at 1.29 per cent Li2O from 5m;

3m at 0.93 per cent Li2O from 7m, including 1m at 1.85 per cent Li2O from 8m, and 1m at 1.42 per cent Li2O from 14m.

“Kangaroo Hills offers so many project advancement and development advantages given its excellent location in the WA Goldfields, available road access, and proximity to substantial existing regional infrastructure,” Future Battery Minerals technical director Robin Cox said in the company’s ASX announcement.

“It is also surrounded by other substantial lithium deposits and mines that offer a ready perspective on what it might become as a future project development.

“The latest round of RC results from Rocky have returned numerous shallow, high-grade lithium intercepts that have significantly increased the overall size of this system.

“While not of the same thickness as the neighbouring Big Red mineralised pegmatite, the Rocky system still offers significant potential contribution to future project development scenarios at Kangaroo Hills.

“With the completion of the Phase 3 program at Kangaroo Hills, our focus now turns to the potential of the area moving north from the Big Red and Rocky pegmatites.

“Both these systems remain wide open to the north – and at depth – and several other regional target areas to the north demand prompt testing, including the highly prospective Western Grey zone.

“We expect to be drilling in these northern areas upon receipt of final permitting.”