Krakatoa Resources starts phase 2 lithium drilling at King Tamba
Last updated: 22:36 04 Dec 2023 GMT, First published: 22:16 04 Dec 2023 GMT
Krakatoa Resources Ltd (ASX:KTA) has started phase 2 drilling, consisting of a 6,000-metre reverse circulation (RC) drill program of 45-50 holes, on its 100%-owned King Tamba project in Western Australia.
On November 24, the company significantly expanded its exploration campaign at King Tamba after completing 1,800 metres of RC drilling to test the extent of high-grade lithium in soil anomalies across the Wilsons, Loader and MGM prospects.
Phase 1 drilling recently identified a continuous thick pegmatite of up 39 metres below a series of high-grade rock chips of up to 4.3% Li2O.
Read more: Krakatoa Resources intersects thick pegmatites as King Tamba lithium potential grows
Program to be completed by January
Krakatoa's phase 2 program is set to assess the extent of high-grade lithium present in soil anomalies within a 0.5 x 1.3-kilometre halo
The project is centred on the former tantalum mine, King Tamba, located 80 kilometres northwest of Mount Magnet in WA, with road links to the port of Geraldton.
Proposed drill collar locations overlain on high-grade lithium soil anomaly.
Drilling is anticipated to be finished by December 2023 or January 2024, including a brief pause in drilling operations during the holiday season.
Samples collected during this period will be sent to a laboratory in Perth for analysis, with the results to be reported once available.
