- Woomera Mining (WML) fast-tracks lithium exploration efforts at its wholly-owned Mt Cattlin project in Western Australia
- A site visit from Woomera’s exploration team in late 2022 confirmed potential lithium-bearing pegmatite host unit, Annabelle Volcanics, is more extensive than previously identified
- The company will start an auger drilling program, allowing sub-soil testing to determine the extent of non-outcropping host rocks in the area
- The low cost auger program will help define targets for follow-up drill testing
- WML shares are down 5 per cent, trading at 1.9 cents 1:53 pm AEDT
Woomera Mining (WML) has fast-tracked lithium exploration efforts at its wholly-owned Mt Cattlin project in Western Australia.
Following a site visit from the Woomera exploration team towards the end of 2022, the team has decided to enter the next stage of its exploration program, with a geochemical auger drill program to start on February 1, 2023.
From the visit, the company was able to confirm the Geological Survey of Western Australia’s 1:500,000 interpreted bedrock mapping of the area, but said the potential lithium-bearing pegmatite host unit, “Annabelle Volcanics”, could be more extensive than previously mapped. The company believes it is more extensive than previously identified on Allkem’s (AKE) surrounding licenses.
Woomera Managing Director Jason Livingstone said it was the right decision to move forward with the program after the visit and resulted findings.
“After spending time on site, confirming the extents of potential host lithologies and collecting a number of samples, we decided to move to the next phase of assessment as quickly as possible,” he said.
Woomera said the pegmatites could extend into its landholding based on the potential for multiple causative granite intrusions and timing of the lithium-caesium-tantalum pegmatite intrusions into known breaks and faults throughout the greenstone belt.
The auger drilling program will allow sub-soil testing, helping to determine the extent of non-outcropping host rocks in the area.
Mr Livingstone said the low cost auger program will help define targets for follow up drill testing.
WML shares were down 5 per cent, trading at 1.9 cents 1:53 pm AEDT. AKE shares were up 0.97 per cent, trading at $14.01 at the same time.