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The Market Online - At The Bell

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  • Woomera Mining (WML) begins an aircore drilling program at its Lake Dundas lithium project in Western Australia
  • The company will complete 94 air core holes for 5000 metres to assess lithium brine and bedrock mineralisation
  • WML says a drill rig has arrived onsite and it will provide updates on developments and results as they become available
  • Shares are up 13.3 per cent and trading at 1.7 cents at 11:51 am AEDT

Woomera Mining (WML) has commenced an aircore drilling program at its Lake Dundas lithium project in Western Australia.

The company will complete 94 aircore holes for 5000 metres to assess lithium brine and bedrock mineralisation.

WML said a drill rig has arrived onsite and it will provide updates on developments and results as they become available.

Additionally, the company is advancing exploration strategies for its Mt Cattlin lithium project and its Pilbara and Pilbara South lithium projects.

Managing Director Jason Livingstone said the company has a suite of prospective lithium tenements that require further assessment.

“The Lake Dundas Lithium Project offers a unique opportunity within WA with its brine potential, but it could also host bedrock lithium mineralisation,” he said.

“Shareholders will appreciate that including Lake Dundas, Woomera has four lithium-prospective projects in WA’s two main lithium provinces, the southern Yilgarn Craton and the Pilbara Craton.

“The company will articulate its strategy for evaluating all of these projects over the coming months.”

Woomera shares were up 13.3 per cent to trade at 1.7 cents at 11:51 am AEDT.

WML by the numbers
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