Reach Resources Limited (ASX: RR1) has advised that assay results returned from the first sample batch of 833 samples have returned high grades across a large area at the Bonzer pegmatite field, Morrissey Hill, WA.
Results covering the Bonzer pegmatite field from a larger >2,000 regional and infill soil sample programme have returned results up to 759ppm Li2O. Drilling at the Bonzer pegmatite field remains on schedule to commence next week.
Reach CEO, Jeremy Bower, said, “The first round of assay results received from our soil sampling programme has defined multiple high-priority targets at the Bonzer pegmatite field at Morrissey Hill. The entire grid sampled across the Bonzer pegmatite field has literally lit up with lithium. The presence of lithium in soils at these extremely high levels is another piece of critical data we are using to refine our high-priority drill targets.”
The company has stated that strong, coherent lithium anomalism has been defined over an area of at least 1.5km in strike length and 0.7km in width, with results between 350-759ppm Li2O.
The area of anomalism remains open. Of the 833 assays received to date, more than 60% have reported lithium values greater than 100ppm Li2O. The average value reported is ~128ppm Li2O, roughly three times background, with a maximum value of 759ppm Li2O.
Mr. Bower continued, “Drillers remain on track to mobilize to site next week, and we look forward to providing more soil assay results in the areas surrounding the Bonzer pegmatite field as they are received. The future is within reach.”
Further, the company is set to commence its maiden drill programme next week at Morrissey Hill which is along strike of Delta Lithium’s Malinda lithium project, Yinnetharra, Gascoyne mineral province, WA.
To find out more, please visit www.reachresources.com.au
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