| Announcement Date: | 2022-07-19 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | JORC |
| Company name: | Metals Australia Ltd. |
| Project name: | Manindi |
| Location: | Australia |
| Commodities: | Lithium,Rubidium |
| Highlight: | Drilling results incl. 13m @ 1.03% Li2O, 0.27% Rb from 62m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Metals Australia Ltd (ASX: MLS) (“MLS” or “the Company”) is delighted to announce further, thick and highgrade lithium-rubidium intersections from the Manindi pegmatites as well as thick lithium – bearing diamond drilling intersections at the Foundation Pegmatite that have extended the lithium mineralisation to over 120m depth and over a 2km corridor. The latest, high-grade lithium-rubidium results are from the final RC drillholes of the ~3,500m reverse circulation (RC) drilling program that tested multiple lithium-bearing pegmatites at the Company’s Manindi Project (“Manindi“or “the Project”), located 20 km southwest of the Youanmi Gold Mine in Western Australia’s highly prospective Murchison District (Figures 1 and 3). The recently completed program included a series of RC holes that tested the higher-grade main section of the 500m strike length Foundation pegmatite at approximately 40m section spacings (Figure 1). Significantly thick and high-grade lithium-rubidium intersections, consistently above 1% Li2O, 0.3% Rb, were produced from all holes drilled beneath the higher-grade section of the Foundation pegmatite (see Figure 1), including |
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