THE DRILL SERGEANT: Forrestania Resources (ASX: FRS) reported assay results the latest lithium targeted RC drilling program completed at the company’s Forrestania project in the southern Yilgarn region of Western Australia.

Forrestania Resources completed five drill holes at the Giant pegmatite to determine the extent of a mineralised pegmatite intersected by historic drilling.

Drill hole FGIR0004 where pegmatite was logged from 73 – 84m, returned:

10 metres at 1.49 lithium oxide (Li2O) from 74m, including 2m at 2.64 per cent Li2O from 75m.

Drill hole FGIR0002 where pegmatite was logged from 45 – 49m, returned a tantalum intercept of:

4m at 1,106ppm tantalum (and 3m at 0.1% Li2O), from 45m, including 1m at 2,870ppm tantalum.

Forrestania noted this to be above the typical ore-grade tantalum range of 100 – 400ppm.

The company highlighted there being an untested section in between the two drilling areas where it has interpreted a dolerite dyke to occur based on regional geophysics.

This, it stressed however, is not at all constrained or validated by available drilling data, and Forrestania is excited about plans to drill test the area.

“These latest positive results confirm the potential for significant new discoveries at our Forrestania project,” Forrestania Resources managing director Michael Anderson said in the company’s ASX announcement.

“It’s always exciting to drill high-grade intersections and we are confident there is potential for more at Giant, and indeed elsewhere, as we continue to systematically test our high priority anomalies and targets.

“We certainly have plenty more to do to ensure that we do justice to the demonstrable prospectivity at Forrestania, and it is obvious to me after only a few weeks in the role that our team is well equipped to do that.

“We look forward to keeping shareholders informed as work progresses.”

TO READ THE FULL ANNOUNCEMENT: CLICK HERE