Announcement Date: 2022-02-08
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Red Dirt Metals Ltd.
Project name: Mt Ida
Location: Australia
Commodities: Tantalum,Lithium
Highlight: Drilling results incl. 29m @ 1.41% Li2O, 253ppm Ta2O5 from 199m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Red Dirt Metals Limited (ASX: RDT) (“Red Dirt” or the “Company”) is very pleased to report that the first batch of 1,665 assays from the maiden RC drilling programme at Mt Ida have now been received. A total of 21 holes, predominantly drilled within the southern-most pegmatite, from the central Mt Ida zone were submitted to Nagrom laboratories in late November 2021. The initial programme of RC drilling which commenced in November of 2021 has been focused on the delineation of the three known existing pegmatites in the central Mt Ida project area. A total of 122 holes for 21,310m have been completed since commencement of the programme with 924m of this drilled as HQ diameter diamond core. The southern pegmatites both exhibit extensive strike lengths in excess of 500m with widths up to 34m true width intersected. Both the pegmatites exhibit a high percentage of LCT bearing minerals, with the overall visually estimated composition being similar to the initial XRD semi-quantitative testwork reported in ASX release 25th October 2021. A series of more in depth XRD and petrological studies are planned to follow up on the preliminary work.
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