Lithium anomalism warrants further exploration ahead of drilling: Askari Metals
Askari plans to drill prospective lithium pegmatite zones in the second-half of 2022
Source: Askari Metals
Mentioned
KEY POINTS
- Rock sampling has identified three additional anomalous pegmatite zones
- The prospective areas warrant further follow-up, planned for early August 2022
- Exploration permits have been submitted, drilling planned for the second-half of 2022
Askari Metals’ (ASX: AS2) Barrow Creek Lithium Project is proving to contain various zones of fertile lithium pegmatites, showing early promise for highly sought after spodumene.
Results from a Phase III rock sampling campaign at South-Eastern area of Barrow Creek identified three additional anomalous lithium bearing pegmatite zones - indicating a growing footprint of lithium anomalism across the project.
Askari notes that these results stem from an initial reconnaissance, and not a detailed mapping and sampling program, which is considered very positive by the company.
Askari plans to revisit the area and improve the definition of the sample, with an additional rock sampling and mapping campaign planned for early August 2022.
Barrow Creek pegmatite samples (Source: Askari Metals)
Inaugural drilling on the horizon
Askari is gearing up for a maiden drilling program for the North-Western portion of Barrow Creek.
Exploration permits have been submitted to the Northern Territory Mines Department for both the North-West and South-East portion of Barrow Creek.
Askari hopes to mobilise and kick off drilling in the second-half of 2022.
Askari Metals was a Market Index client at the time of publishing. All coverage contains factual information only and should not be interpreted as opinion of financial advice.
