Future Battery Minerals Firming up Big Red at Kangaroo Hills
THE DRILL SERGEANT: Future Battery Minerals (ASX: FBM) reported assay results returned for the final holes from Phase 3 reverse circulation (RC) and diamond (DD) drilling at the company’s 100 per cent-owned Kangaroo Hills lithium project (KHLP) in Western Australia.
Future Battery Minerals’ earlier drilling at Rocky identified numerous pegmatites semi-parallel to and dipping below the Big Red pegmatite with visual observations of spodumene within these pegmatites leading to an expansion of the Phase 3 RC and DD drilling program.
Assays have now been received for the final 15 holes from the Phase 3 RC and DD program at the KHLP that have further increased the scale of the mineralised system, which remains open along strike to the north and at depth.
At Rocky, drilling and recent modelling of the pegmatites has demonstrated a highly continuous mineralised system commencing at shallow depths, albeit thinner and of lower average grade than the standout neighbouring Big Red pegmatite.
Assay results from the final batch of Phase 3 holes included the Rocky pegmatites plus wide eastern step out intercepts coincident with the near surface Big Red pegmatite, returning:
KHRC150
3m at 1.50 per cent lithium oxide (Li2O) from 37m and 1m at 0.5 per cent Li2O from 10m (Big Red);
KHRC147
1m at 1.00 per cent Li2O from 27m (Big Red East);
KHRC149
1m at 0.52 per cent Li2O from 119m Rocky);
KHRC146
1m at 0.72 per cent Li2O from 23m (Big Red East); and
KHRC154
1m at 0.31 per cent Li2O from 53m (Rocky).
“With receipt of the final batch of assays from the Phase 3 program at Kangaroo Hills, we are now sharply focussed on commencing drill testing of the area moving north from the Big Red / Rocky system,” Future Battery Metals technical director Robin Cox said in the company’s ASX announcement.
“Critically, the shallow, thick, high-grade lithium mineralisation at Big Red remains wide open along strike to the north and at depth.”
“In addition to Big Red Extension, the northern part of the KHLP also offers several other high-potential regional resistivity anomaly targets including Western Grey, Quokka, Big Red West, Big Red North, and Western Grey.”
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