Larvotto Resources Limited (ASX: LRV) has commenced its maiden drill programme at its wholly-owned Eyre Project in Western Australia.
The company recently completed of Native Title Heritage Surveys and Environmental Assessment at the Merivale and Merivale South prospects. Air Core drilling of the lithium and rare earth element (TREO) anomalies identified at Merivale and Merivale South will initially comprise 4,000m of drilling.
“With heritage surveys successfully completed in late 2022, we are now commencing our first drilling programme at the Eyre Project,” Managing Director, Ron Heeks, said.
“The use of an Air Core rig provides a cost-effective way to initially assess the lithium and TREO targets previously identified by geochemistry.
“At Merivale, the aim of drilling is to identify the exact location of the soil covered pegmatite dykes that generated the broad geochemical anomaly so they can be intensively drilled by Reverse Circulation (RC) methods that can penetrate the hard pegmatite rocks.
“At Merivale South, the very high auger geochemical REE anomaly identified by AngloGold will also be tested. We look forward to updating shareholders on results from both refining the pegmatite intrusive locations and the initial TREO results from under the significant auger geochemical anomaly at Merivale South.”
The Merivale anomaly was generated from Larvotto’s geochemical soil programme at Eyre which was designed to test the prospective rock units that extend south from Liontown Resources’ Buldania deposit, located just to the north.
The main geochemical anomaly is currently defined over an area of four km long and 1km wide, with a maximum lithium value of 126ppm Li, which is five times background levels. The anomaly trend also extends a further 2km north and 1km south. A central higher value core which appears aligned with a cross cutting structure is over 1km long.
Proposed Air Core Drill Programme
The aim of the Air Core drilling program is to refine the broad geochemical anomaly and generate discrete targets for follow up RC drill testing. As most of the area is covered by transported soils with only small outcrops of pegmatites visible, lines of Air Core drilling across the trends of the highest geochemical anomalies will assist with identifying the exact location of pegmatite units for more detailed follow-up.
Air Core at Merivale South is targeting the high TREO auger geochemical historically obtained by AngloGold Australia that undertook a large regional auger program between 2009 and 2013. The anomaly sits within the Albany-Fraser Belt, just south of the contact with the Yilgarn Block.
A peak value of 1,693ppm TREO was recorded within a 1.8km long >400ppm TREO anomaly, which is surrounded by a significantly larger >100ppm TREO anomaly. The geochemical anomaly is coincident with a very strong thorium satellite radiometrics response and an airborne magnetics high.
For further information please visit: https://www.larvottoresources.com/