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WA-focused lithium explorer Future Battery Minerals (ASX:FBM) is moving quickly to delineate the Big Red pegmatite first identified at its Kangaroo Hill Lithium Project in January, kicking off a Phase 4B drilling program to test its parameters, based on strong results yielded from recent exploration.
Step-out drilling (Phase 4A) was carried out in recent months over Big Red, revealing that the pegmatite had 65 metres of continuity, and with a top intercept of 31 metres at 1.13 percent lithium oxide (Li2O) from 86 metres.
Other results included 29 metres at 1.36 percent Li2O from 38 metres, 27 metres at 1.32 percent Li2O from 64 metres, 23 metres at 1.19 percent Li2O from 44 metres, and 22 metres at 1.24 percent Li2O from 23 metres.
The Phase 4B program will follow this work up with 3,000 metres of reverse circulation (RC) drilling to test the north-easterly extension of the pegmatite, which is shallow, thick and gently-dipping.
Reflecting the fast-moving pace of exploration at Big Red, Future Battery Minerals expected to complete Phase 4B drilling by June, with assays expected later the following month.
Kangaroo Hills is located near Coolgardie in the WA Goldfields, and notably, is only 130 kilometres from Minerals Resources Ltd’s (ASX:MIN) Mt Marion Lithium Mine.
Future Battery Minerals has been trading at 3.9 cents.
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