Announcement Date: 2023-01-25
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Red Dirt Metals Ltd.
Project name: Mt Ida
Location: Australia
Commodities: Lithium
Highlight: Drilling results incl. 49.5m at 1.45% Li2O from 387.5m
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 pleased to announce an update for its wholly owned Mt Ida Lithium Project (“Mt Ida”) in the Eastern Goldfields region of Western Australia. As announced on 19 October 2022, Mt Ida has a global resource base of 12.7Mt @ 1.2% Li2O and the Company is fast tracking the development of this resource base. This fantastic drilling intercept from Sister Sam (Table 1) is the first received since resource estimation work completed in October 2022. Drilling up until the end of 2022 was predominantly focused on sample collection for metallurgical test work and RC drill pre-collars. This result, alongside the priority AC anomalies detected, demonstrates the significant growth potential at Mt Ida.
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