Lithium-seeker Wildcat Resources Ltd (ASX: WC8) has made a lucky find through drilling at its Tabba Tabba project in the WA Pilbara, identifying a thick pegmatite carrying values of up to 1 percent lithium oxide (Li2O) at 41 metres.
The pegmatite – which the company has named ‘Luke’ – was discovered during exploratory drilling underneath the Leia deposit. Wildcat is now rolling out more drilling – with a target zone of up to 1 kilometre in strike length – to define its scale, continuity and geometry.
Geology Manager Torrin Rowe said the pegmatite was discovered almost by accident, but presented strong indicators of what could be found at Tabba Tabba.
“The blind discovery of another thick mineralised pegmatite at Luke confirms the ongoing exploration potential at Tabba Tabba,” he said.
“It is pleasing to see our exploration team’s efforts in developing and testing geological theories being rewarded.
“We look forward to delineating the scale of the exciting Luke Pegmatite and continuing to test the developing exploration model with the aim of making further discoveries.”
Wildcat’s drilling program at Tabba Tabba has included 74,000 metres to date, and comprised both diamond and reverse circulation (RC) drilling, with the diamond work at Leia picking up intercepts of up to 68 metres at 1.4 percent Li2O from 337 metres, including 50 metres at 1.5 percent from 338 metres.
Having acquired the project less than a year ago, it has been drilling there since July 2023,
and has defined an LCT pegmatite field across 3.2 kilometres which hosts seven significant pegmatite bodies: quirkily named Leia, Luke, Boba, Chewy, Tabba Tabba, Han and Hutt.
Wildcat Resources is trading at 65c.