Red Dirt Metals Sees Lithium Potential in Historic Drill Core

THE DRILL SERGEANT: Red Dirt Metals (ASX: RDT) has ventured back in time in order to embrace the future at the company’s Mt Ida project in the WA Goldfields.

Red Dirt Metals reported assay results for historic drillhole IDDD002, which was drilled by previous operator of the Mt Ida project, La Mancha Resources in 2006.

The company explained that the pegmatite interval within the core had not been previously cut or analysed until being submitted by Red Dirt after the visual identification of lithium bearing minerals in the drill core.

Subsequent assay results were returned, including:

21.7 metres at 2.11 per cent lithium oxide (Li2O) and 302ppm tantalum pentoxide (Ta2O5) in conjunction with low iron content, confirming the high-grade potential of the Mt Ida pegmatites.

“These assay results confirm the potential the Mt Ida system has of hosting very high grade lithium-caesium-tantalum (LCT) bearing pegmatites in a system that’s relatively unexplored to date for this style of mineralisation,” Red Dirt Metals CEO Matthew Boyes said in the company’s ASX announcemet.

“Walk up drill targets under existing known pegmatite outcrops will be initially focused on in the run into Christmas and will help our team build up a better understanding of the structural controls and orientation of these pegmatitic bodies.

“We look forward to this next phase of exploration.”

Red Dirt is ready to commence an RC drill program of 25,000m that has been designed, primarily to test the Mt Ida Anorthosite-Mafic corridor located directly to the west of a large granitic complex, with the contact zone trending north-west south-east for approximately 15 kilometres within the company’s tenement package.

The program is principally designed to step out from existing known pegmatitic intrusive locations, testing both up and down dip potential and to better understand the structural controls and orientation of these intrusives.