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- Lord Resources (LRD) kicks off the first sub-surface assessment for lithium at its Horse Rocks project in Western Australia
- The company plans to complete 5000 metres of drilling over five high-priority geochemical anomalies defined in the project area
- This program is designed to determine the orientation of mapped pegmatites, along with the geometry of potential mineralisation
- Land held by Mineral Resources (MIN) and Essential Metals (ESS) surrounds Horse Rocks, which lies 20 kilometres south of Coolgardie
- LRD shares are trading at 19.5 cents at 10:46 am AEDT
Lord Resources (LRD) has kicked off the first sub-surface assessment for lithium at its Horse Rocks project in Western Australia.
With all heritage and environmental surveys complete, the company has begun a 5000-metre drilling campaign over five high-priority geochemical anomalies.
Lord said recent surface auger sampling around these anomalies revealed coincident mineralisation indicative of lithium-cesium-tantalum pegmatite systems.
The first pass drilling program will seek to determine the orientation of the mapped pegmatites, along with the geometry of potential mineralisation.
LRD Managing Director Barnaby Egerton-Warburton said the company was “extremely excited” to test the anomalies and begin drilling to “fully exploit” the potential of the project.
The land surrounding Horse Rocks is held by Mineral Resources (MIN) and Essential Metals (ESS) and lies 20 kilometres south of Coolgardie.
LRD shares were trading at 19.5 cents at 10:46 am AEDT.
