Announcement Date: 2023-03-13
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Riversgold Ltd.
Project name: Tambourah
Location: Australia
Commodities: Lithium
Highlight: Drilling results incl. 15m at 0.5% Li2O from 15m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Riversgold Limited (ASX: RGL) (“Riversgold”, “the Company”) is pleased to announce the assay results from the drilling conducted during the last quarter of 2022 at the Company’s 100% owned Tambourah Lithium Project within the Pilbara region of Western Australia. A total of 21 reverse circulation (RC) drill holes for 2,661m were completed at the Bengal prospect as part of Riversgold’s maiden drilling program at Tambourah. Twenty of the 21 drill holes intersected a cumulative total of 143m of interpreted lithium-caesiumtantalum (LCT) pegmatite. Lithium mineralisation intersected is composed of a mix of spodumene and lepidolite, although a more detailed quantitative mineralisation identification program is yet to be completed.
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