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More positive lithium results for Future Battery Minerals

Updated: Apr 19

Future Battery Minerals continues to receive positive results from drilling at its Kangaroo Hills lithium project. Credit: File

Future Battery Minerals has received positive results in the remaining assays from the company’s second-phase reverse-circulation (RC) drill program at its Kangaroo Hills lithium project in Western Australia’s Goldfields region.

The latest and final results from the RC campaign showed the potential of its new discovery at the Big Red prospect, with fresh rock intercepts unearthing a 23m hit at 1.03 per cent lithium oxide from 53m.

Additional highlights at Big Red include 15m grading 1.03 per cent lithium oxide from just 39m, in addition to 13m going 1.23 per cent lithium oxide from 41m.

A single hole drilled into Future Battery’s Rocky prospect intercepted a spodumene-bearing pegmatite that returned a 5m hit at 1.12 per cent lithium oxide from 104m. A second hole drilled directly east intercepted a weathered pegmatite from surface with anomalous lithium, tantalum and tin results that the company says remains open to the south and east and may be connected.

Assays from the second phase of diamond drilling in five holes are pending, with results set to be used in metallurgical testwork when they are returned next quarter.

The assay results have clearly confirmed the exciting potential of the Big Red Prospect, as additional shallow high-grade results have been received from the March 2023 discovered pegmatite. Significantly, the results from KHRC037 have also confirmed the potential of the Rocky Prospect. Future Battery Minerals technical director Robin Cox

The Kangaroo Hills lithium project is an 80-20 joint venture between Future Battery and Lodestar Resources and sits about 17km south of Coolgardie. Phase-two exploration at the site kicked off early last month, with 2500m of RC drilling and 500m of diamond drilling.

The company’s earlier results from its campaign include a wide 27m hit going 1.32 per cent lithium oxide from 64m, including a 4m section at an impressive 2.5 per cent lithium oxide from 80m. Additional results include 19m grading 1.03 per cent lithium oxide from 42m, 16m at 1.09 per cent lithium oxide from 11m and a 12m hit going 1.02 per cent lithium oxide from just 8m.

Formerly known as Auroch Minerals before a name change in March this year, Future Battery is building an impressive portfolio with a focus on minerals critical to present and future battery needs.

The first phase of exploration at Kangaroo Hills included a 14-hole RC campaign across 3400m, with 12 of the holes intercepting pegmatites. Results from the initial program include a 7m hit at 1 per cent lithium oxide from 198m and a shallow 2m section going a significant 1.68 per cent lithium oxide from only 1m.

Future Battery says it plans to kick off its third phase of fully-funded RC drilling at Kangaroo Hills within days, with an infill program around Big Red and extensional drilling at the Rocky, Eastern Grey, Wallaroo and Pademelon targets.

Once permits are received, the company is also set to conduct an expanded exploration program of between 7000m and 10,000m to test the northern extension and resistivity of Big Red.

With its suite of targets named after macropods at Kangaroo Hills, Future Battery hopes to have investors jumping for joy if it can replicate its early success at the Goldfields operation.

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