Larvotto Resources Set to Commence Drilling Multiple Prospects at Eyre
THE DRILL SERGEANT: Larvotto Resources (ASX: LRV) is gearing up to commence a Reverse Circulation (RC) drilling program at the company’s 100 per cent-owned Eyre Project near Norseman in Western Australia.
Larvotto Resources explained initial drilling will be targeting the project’s Merivale lithium and PGE geochemical and aircore drilling anomalies.
This is to include drilling of the Mt Norcott and Dickie Dyke nickel soil geochemical anomalies, both of which the company has identified as being prospective areas from regional geochemistry and field mapping.
From geochemical soil sampling conducted last year, Larvotto identified several broad lithium anomalies in an area known to contain pegmatite intrusions it interpreted to be similar to those located directly north at Liontown Resources (ASX: LTR) Buldania lithium resource.
Other activities identified robust nickel and copper geochemical anomalies at Mt Norcott associated with norite rocks within the Jimberlana Dyke which is known to host nickel, copper and PGE mineralisation.
An initial five deep RC holes will be drilled to test the area for base metal and PGE mineralisation.
“We have several reasons to be optimistic about what this program could potentially deliver at the Merivale, Mt Norcott and Dickie Dyke prospects,” Larvotto Resources managing director Ron Heeks said in the company’s ASX announcement.
“The Merivale prospect has produced soil geochemical anomalies for both lithium and nickel in adjacent zones from our previous work.
“Initial aircore drilling under the soil cover then defined multiple lithium mineralised pegmatite intrusions and a discrete nickel zone in ultramafic rocks earlier this year.
“Now we know where they are, this round of drilling will test these zones at depth and penetrate the hard pegmatite zones that aircore drilling could not.
“We believe that the nearby strong nickel anomalous zones may also hold potential for PGEs as well as nickel at depth.
“Mt Norcott and Dickie Dyke are both well-defined nickel geochemical highs associated with the Jimberlana Dyke.
“Both also have the potential to be mineralised with PGEs.
“We look forward to the results from this initial RC drill program and updating shareholders as they become available.”
TO READ THE FULL ANNOUNCMENT: CLICK HERE