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Pilbara Minerals Ltd.
Summary
| Project: | Pilgangoora | |
|---|---|---|
| Deposit: | Pilgangoora | |
| Location: | Australia | |
| Commodities: | Tantalum-Lithium | |
| Date: | 6/21/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Feasibility Study | |
| Report details: | 21-6-2016: Pilbara Minerals Ltd. announces an Exploration/Drilling Update report for its Pilgangoora deposit at the Pilgangoora project. Drilling results incl. 69m @ 1.97% Li2O from 115m. Australian lithium developer Pilbara Minerals Ltd (ASX: PLS) is ple | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: n/a (n/a) | |
| ABSTRACT: | Australian lithium developer Pilbara Minerals Ltd (ASX: PLS) is pleased to advise that it has received more outstanding results from the ongoing resource in-fill and extensional drilling programs at its 100%-owned Pilgangoora Lithium Tantalum Project, located near Port Hedland in WA. The latest results – from a further 83 Reverse Circulation (RC) drill holes completed as part of the Phase 1 and 2 programs – have continued to identify significant thick zones of high-grade mineralisation well beyond the current resource boundaries at the Central Pegmatite. In addition, a combination of exploration and sterilisation drilling being conducted as part of the current program has resulted in the discovery of two significant new zones of mineralisation, one 300m west of the Central Pegmatite, known as the Western Domain, and one 300m to the south-east of the resource area, known as the South Eastern Pegmatite. These new discoveries, one of which (the Western Domain) is a blind discovery (i.e. located below cover with no outcropping pegmatite) clearly demonstrate the significant remaining exploration potential of the Pilgangoora Project, notwithstanding the significant progress which has been made in terms of resource development over the past two years. Further drilling is planned at both the Western Domain and South Eastern Pegmatite later this year to convert these areas into JORC compliant Mineral Resources. | |
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