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Bass Metals Ltd.
Summary
| Project: | Millie's Reward | |
|---|---|---|
| Deposit: | Millie's Reward | |
| Location: | Madagascar | |
| Commodities: | Lithium | |
| Date: | 3/1/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 1-3-2019: Bass Metals Ltd. announces an Exploration/Drilling Update report for its Millie's Reward deposit at the Millie's Reward project. Drilling results incl. 5.57m @ 222ppm Li. Bass Metals Limited (ASX: BSM) (the “Company”) is pleased to provide an up | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Tim McManus (Internal) | |
| ABSTRACT: | Bass Metals Limited (ASX: BSM) (the “Company”) is pleased to provide an update on recent exploration activities at its 100% wholly owned Millie’s Reward lithium project, located in Madagascar. MILLIE’S WEST PROSPECT A maiden scout drilling program consisting of five shallow diamond drill holes was recently completed at the Millie’s West prospect, one of eight high priority prospects within the Millie’s Reward project area. These holes were the first to be drilled within the project area and aimed to identify the depth and width of the pegmatites surrounding the underground workings at Millie’s West. Previous channel sampling of underground workings in the area returned a weighted average intersection of 3.72% Lithium Oxide (Li2O) over 31m, with a maximum 1m result yielding 6.61% Li2O1 , indicating Millie’s West as a highly attractive prospect for exploration. A total of ~341 metres were drilled over a short strike length of only 50 metres to a maximum depth of 100 metres. The drilling confirmed the presence of pegmatites with low levels of lithium-in-spodumene (ppm) returned by assay. The pegmatites and their complex structural nature lead to difficult drilling conditions and subsequent re-drilling of some holes was undertaken, delaying | |
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