Wildcat Resources Limited (ASX: WC8) has received the first assay results from maiden drilling at the Tabba Tabba Lithium Tantalum Project, Pilbara, near Port Hedland.
Initial results from 21 RC holes confirmed that pegmatite bodies contain significant widths and grades of lithium mineralization. Tabba Tabba is located in proximity to some of the world’s largest hard-rock lithium mines, including 47km from Pilbara Minerals’ (ASX: PLS) Pilgangoora Project.
Wildcat’s initial batch of assays comprised 17 holes from the northern pegmatite cluster and four holes from the central pegmatite cluster. Initial scout drilling commenced in the north of the mining leases, and this confirmed shallow north easterly dipping, stacked pegmatites. The exploration programme proceeded south to the central area where multiple, wide, sub-vertical dipping pegmatites were intercepted, and a second rig was added.
Managing director, Samuel Ekins, said, “I’m confident we are in the early stages of a major discovery at Tabba Tabba and it’s been a welcome surprise to see the size of the system. Over 95% of all holes to date have intersected pegmatites and we eagerly await further rounds of assays. Our central pegmatite is now over 1.2km long (open to the north), subvertical, and outcropping at widths of over 50m which is very significant.”
Highlights from the central cluster include:
- 85m at 1.1% Li2O from surface (TARC086) (down-hole length) including 59m @1.5% Li2O from surface
- 218m at 0.8% Li2O from 16m (TARC089) (down-hole length) including 22m at 1.0% Li2O from 31m, 23m at 1.0% Li2O from 152m, and 51m at 1.5% Li2O from 183m to end of hole
Highlights from the northern cluster include:
- 21m at 1.1% Li2O from 42m (TARC055)
- 26m at 0.9% Li2O from 76m (TARC015)
- 20m at 1.3% Li2O from 20m (TARC005)
- 16m at 1.1% Li2O from 17m (TARC001)
The company will soon receive FIRB approval, continue to focus the RC drill rigs on the central pegmatite and other priority areas, and deploy a third rig to commence diamond drilling in early October 2023.
To find out more, please visit www.wildcatresources.com.au
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