Outstanding wide and high-grade lithium intersection from BP33 prospect at Finniss Lithium Project
HIGHLIGHTS
• Wide and high-grade lithium assays returned from drilling at BP33 prospect delivers spodumene intersection amongst the best in Australia:
o 75m @ 1.68% Li2O from 210m; including:
▪ 55m @ 1.97% Li2O from 230;
▪ 23m @ 2.07% Li2O from 262m.
• Drill hole still in high-grade spodumene pegmatite at end of hole, with last metre grading 2.41% Li2O
• This 75m intersection is the widest interval of spodumene pegmatite ever drilled in the NT and one of the best lithium exploration drilling results in Australia
• High-grade spodumene pegmatite body at BP33 open along strike to the south from this drillhole toward BP32 Prospect
• Drilling at BP33 aimed at establishing a maiden Resource estimate in May, to add to the Company’s lithium resource inventory at the Finniss Project
• Drilling to re-commence to test BP33 and adjacent BP32
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