Join our daily newsletter At The Bell to receive exclusive market insights
Morella (ASX: 1MC has commenced drilling at the company’s Tabba Tabba East Project in the Pilbara, Western Australia.
Tabba Tabba East forms part of the joint venture between Morella (51%) and Sayona Mining Limited (49%) – which includes other prospective projects at Mallina and Mount Edon.
Drilling follows completion of a recently conducted heritage survey coordinated by Heritage WA with the Traditional Owners of select areas in the Tabba Tabba East tenement. Some minor heritage sites were identified during the survey and excluded from the drilling area.
The drill holes for the current program are all targeted within areas that were the subject of the survey.
Morella Managing Director James Brown said:
“Tabba Tabba East is an exciting prospect, located in close proximity to Wildcat Resources’ Tabba Tabba Lithium Project. This drill program is the first program Morella has conducted on Tabba Tabba East and will allow the Company to better understand the project which has provided positive results from previous extensive soil sampling. We are looking forward to some exciting drilling results from this initial phase”.
The first phase program at Tabba Tabba East is expected to consist of 15 RC holes amounting to approximately 1,500 metres of drilling. Morella plans on expanding the program based on the initial results from the Phase 1 program with the aim to continue the evaluation in H2 2024.
The main focus of the drilling campaign will follow the major fault structure that runs south of the main shear zone hosting the Wildcat discovery and in areas determined from the positive results from previous soil sampling campaigns, with a goal to test areas of both lithium soil anomaly and underlying faults and structures.
1MC was trading 20% up at 5 cents,
