Kali Metals reports more high-grade lithium at Higginsville Lithium District

• Kali Metals (ASX: KM1) shares the latest results from its initial regional soil geochemical surveys in the Higginsville Lithium District in WA
• Further rock chip sampling and mapping fieldwork are carried out revealing high-grade lithium assays in the Spargoville and Widgiemooltha projects
• Notable results from rock chip sampling include assays up to 5.05 per cent lithium oxide
• An RC drilling program will begin in the first half of 2024 at the Spargoville project
• KM1 shares are up 10.3 per cent, trading at 43 cents at 2:37 pm AEDT

Kali Metals (ASX:KM1) has shared the latest results from its initial soil sampling program in the Higginsville Lithium District in Western Australia.

Further rock chip sampling and mapping identified high-grade lithium in the Spargoville and Widgiemooltha projects.

“The positive early results from the soil geochemical survey program confirms that this technique works well with the geology found at the Higginsville Lithium District, which is not always the case with other regional areas,” KM1 General Manager Stuart Peterson said.

“The soil sampling results have shown the lithium mineralisation could extend over areas with alluvial cover along strike and width, where no outcropping pegmatites are visible.”

Both projects show a clear link between soil samples and identified LCT pegmatites.

The program, launched in late December 2023, focused on these areas due to existing pegmatites and advanced exploration.

Notably, rock chip assays reached up to 5.05 per cent lithium oxide.

District-wide soil sampling will continue across all eight Higginsville prospects.

A reverse circulation (RC) drilling program is set to begin in the first half of 2024 at the Spargoville project.

The program has completed its second stage there, and plans are underway to expand surveys in both Spargoville and Widgiemooltha.

Following this, the Mt Henry project will be next, with the remaining five projects to be surveyed.

KM1 shares were up 10.3 per cent, trading at 43 cents at 2:37 pm AEDT.