![]() ![]() Highlights from the assays of the upper pegmatite include: DrillholeĪll significant assays are tabulated in the appendix.įigure 1: Intercepts to the north of the US$1,100 whittle shell show potential for mineral resource expansion. Mt Cattlin’s Mineral Resource tonnage recently increased 21% to 13.3Mt 1.2% Li 2O and 131 ppm Ta 2O 5Īllkem commenced a three-phase resource extension program in mid-April that targets 147 holes for approximately 32,685 metres of reverse circulation (“ RC”) drilling.Īs of 14 September, 81 holes drilled for a total of 19,177 metres were complete and assay results for 47 drillholes were available.Phase 1 and 2 drilling at 2NW pit is on target for completion by end of October and a consultant has been engaged to immediately commence a study to convert mineral resources to Ore Reserves for scheduling, mine planning and detailed pit design. ![]() ![]() Phase 2 drilling and assay results demonstrate resource extension potential to the north of the current pit with high grade intercepts in the lower pegmatite, including 9m at 2.98% Li 2 O and 7m at 1.86% Li 2 O.Intercepts within this pit include high grade zones with large thicknesses such as 12m at 2.46% Li 2 O and 15m at 1.91% Li 2 O Phase 1 drilling is targeting to convert 3.2Mt of Resource to Reserves.To be undertaken in late 2022/early 2023. Phase 3 – drilling in the SW of the mine tenements to test additional targets and prospects (18 holes, 2,440 metres). Phase 2 – drilling to the north and down dip of the US$900 2NW pit shell to test resource extensions outside of the US$900 2NW pit (planned 80 holes, 19,125 metres) and within the US$1,100 pit shell. Phase 1 – drilling within the US$900 2NW pit shell converting resource to reserve (planned 49 holes, 11,120 metres). The drilling program consists of three phases as described below: 05, 2022 (GLOBE NEWSWIRE) - Allkem Limited (ASX|TSX: AKE, the Company) is pleased to provide an update on the resource extension drilling program currently underway at its Mt Cattlin spodumene operation in Western Australia. ![]()
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