The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Eastern Resources (EFE) intercepts thick pegmatites in its maiden reverse circulation (RC) drilling program at the Trigg Hill project in East Pilbara, Western Australia
  • The company intersected near-surface pegmatites of up to 65 metres in width in 30 out of the 32 RC holes drilled for 1972 metres
  • Eastern Resources has now transferred 642 drill samples to a Perth lab for analysis
  • The company says it will use the results of this drilling to support further drill planning and targeting at Trigg Hill
  • Shares in Eastern Resources are up 30 per cent and trading at 3.9 cents at midday AEDT

Eastern Resources (EFE) has intercepted thick pegmatites in its maiden reverse circulation (RC) drilling program at the Trigg Hill project in East Pilbara, Western Australia.

The company drilled 32 generally shallow wide-spaced RC holes for 1972 metres at the East Curlew and Trigg Hill prospects, intersecting pegmatites in 30 out of the 32 holes drilled.

Eastern said it struck multiple thick downhole intervals, with the best results including a single pegmatite interval of 65 metres from surface in a 68-metre hole.

“We are highly encouraged with the discovery of significant wide LCT pegmatites at the Trigg Hill project,” EFE Executive Director Myles Fang said.

“The drill data information collected provides us significant information to progress the
geological and metallurgical characterisation of the pegmatites at the Trigg Hill project.”

The company has now transferred 642 drill samples to a Perth lab for analysis.

Eastern plans to use the results of this drilling to support further drill planning and targeting at Trigg Hill

The project is around 75 kilometres southeast of Pilbara Minerals’ Pilgangoora lithium mine.

Shares in Eastern Resources were up 30 per cent and trading at 3.9 cents at midday AEDT.

efe by the numbers
More From The Market Online

Temas Resources confirms significant gallium and scandium at La Blache

Temas Resources’ latest assays show the La Blache project in Quebec is a genuine multi-metal, multi-revenue…

GoldArc Resources begins major drilling campaigns at Leonora South

GoldArc is running RC and AC drilling programs in tandem at Leonora South in Western Australia…
The Market Online Video

The ASX Today: Relative calm didn’t last long as Brent back to US$100/bbl; March RBA hike priced in?

Greetings and welcome to HotCopper’s the ASX Today, I’m Jon Davidson and after an attack on a Thai cargo ship in the Strait of Hormuz

Magnum Mining and Exploration ramping up exploration at Parker project

Magnum Mining and Exploration is preparing for drilling at the Parker project in Arizona on the…