Kali Metals Reports Positive Results from Maiden Spargoville Drill Program

THE DRILL SERGEANT: Kali Metals (ASX: KM1) reported returned positive results from its first Reverse Circulation (RC) drilling campaign at the company’s Spargoville project in Western Australia.

Kali Metals explained the Phase 1 drill program was designed as an initial reconnaissance program to test multiple outcropping pegmatites.

The company revealed the drill program has been fundamental to expanding its knowledge of the geological setting at the Flynn-Giles and Green Flame prospects, and the Spargoville project more broadly.

The drilling confirmed the presence of Spodumene in several shallow dipping pegmatite dykes and resulted in numerous lithium-caesium-tantalum (LCT) hits at Flynn-Giles.

Results from the drilling include:

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9 metres at 1.11 per cent lithium oxide (Li2O), including 5m at 1.73 per cent Li2O; and

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10m at 0.85 per cent Li2O, including 4m at 1.96 per cent Li2O:

“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 company’s ASX announcement.

“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.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE