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Pilbara Minerals Ltd.
Summary
| Project: | Pilgangoora | |
|---|---|---|
| Deposit: | Far East, South End | |
| Location: | Australia | |
| Commodities: | Tantalum-Lithium | |
| Date: | 10/13/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Mine Development | |
| Report details: | 13-10-2016: Pilbara Minerals Ltd. announces an Exploration/Drilling Update report for its Far East, South End deposit at the Pilgangoora project. Drilling results incl. 27m @ 1.73% Li2O from 47m at the Far East zone. Australian lithium developer Pilbara M | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: John Young (Internal) | |
| ABSTRACT: | Australian lithium developer Pilbara Minerals Ltd (ASX: PLS) is pleased to report outstanding new results from recently commenced sterilisation and strategic development and resource extension drilling program at its 100%- owned Pilgangoora Lithium-Tantalum Project, located near Port Hedland in WA. Results have been received for the first 22 Reverse Circulation (RC) drill holes completed as part of a new drilling program initiated in September. Drilling is targeting extensions to known near-surface pegmatites that have the potential to add material tonnes to the existing resource base and assist with final pit designs, as well as sterilisation drilling to define final locations for key site infrastructure including waste dumps. Recent drilling at both the Far East and South End pegmatites has continued to identify significant thick zones of high-grade mineralisation well beyond the current resource boundaries at the Central Pegmatite. Results from the Far East zone have now defined lithium mineralisation in a single pegmatite which extends over 1km and drilling at South End has indicated that the mineralisation continues to the south with a thick zone of up to 26m width. Pilbara’s Managing Director and CEO, Mr Ken Brinsden, said the new phase of drilling was continuing to reinforce the sheer scale of the Pilgangoora pegmatite field, and the significant potential for further resource growth. | |
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