HIGHLIGHTS
As per ASX announcement dated 28th May 2024 a soil geochemistry review, detailed pegmatite mapping and rock chip sampling was undertaken to identify the source pegmatites that have likely shed the columbite and tantalite rock chips along a 97m narrow stream bed which returned 43.93% Nb and 14.53% Ta from sample S254 (refer to ASX release dated 22nd August 2023). A recent rock chip sample ND11 of columbite was collected directly from an outcropping pegmatite located nearby the Niobium soil anomaly and 100m South East from S254.
The selective sample of columbite from weathered pegmatite is biased and does not represent the true concentration of the overall pegmatite but yielded a Niobium content of 47.1% and Tantalum 9.01% (see Figure 1 and Table 1).
Broader zones of anomalous Niobium (>15ppm and > 20ppm) from soil geochemistry have been interpreted (See Figure 2) and are coincident with outcropping pegmatites. These pegmatites to the West will both be mapped in detail for the presence of columbite and have drill holes planned to intersect them as part of the wider RC program, which is primarily targeting Li2O.
A preliminary report has been received for the recent heritage survey and supports performing the planned activities, with the final report expected this month. Following this, preparatory works can be executed prior to mobilisation of the drilling contractor, with drilling targeted to commence in July.
Infill soil sampling work to assist in definition of the priority drill holes has now been completed and results will be incorporated into the drill plans once received.
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