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Essential Metals (ASX:ESS) set to launch new program at Dome North

Materials
ASX:ESS
03 November 2021 10:15 (AEST)

Essential Metals (ESS) has scheduled a new diamond drilling program to start this week at the Dome North Lithium Project in Western Australia.

The roughly 1000-metre program is designed to target near-surface mineralisation at both the Cade and Davy deposits. The 13 hole program will be used to obtain samples for bulk density measurements and confirmatory metallurgical test work.  

The new program follows assay results received in August from 5934 metres of reverse circulation drilling, which provided new data from the Dome North resource. These results from the upper zone of the Cade deposit included 15 metres at 1.06 per cent lithium oxide from 47 metres.

The company said it will use this data to further target mineralised pegmatites in the area.

“The RC drill programme completed in August has been pivotal in demonstrating the quality of the Dome North Resource, with evidence that unweathered spodumene mineralisation exists very close to the surface,” Essential Metals Managing Director Tim Spencer said.

“With all assay results from this programme integrated into the geological model, we have a new round of diamond drilling about to start to provide further confidence in the Dome North Resource in terms of the metallurgical characteristics in the upper zones of the Cade and Davy deposits, as well as increasing the amount of lithium within the Indicated Resource category.”

The new diamond drilling program is expected to be complete by mid-December, with assays anticipated for March 2022.

Essential Metals is down 2.27 per cent to $0.22 per share at 10:24 am AEDT.

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