The Conversation (0)
Reach Resources Limited (ASX: RR1 & RR1O) (“Reach” or “the Company”) is pleased to advise that Strike Drilling have today mobilised for commencement of the Phase 2 drilling program at the Company’s 100% owned Morrissey Hill Lithium Project.
HIGHLIGHTS
- Strike Drilling have been engaged and mobilised to site to undertake the Phase 2 exploration program at the Company’s Morrissey Hill Lithium Project, Yinnetharra WA
- The Phase 2 drilling campaign is anticipated to consist of up to 9,000m of RC drilling
- Phase 2 drilling will follow the plunge of the mineralisation at the Bonzer Prospect and test at least six other undrilled pegmatite targets
- Morrissey Hill is located adjacent to Delta Lithium’s (ASX: DLI) Malinda Lithium Project, Yinnetharra WA
Figure 1: Planned Drilling and Heatmap
Phase 2 drilling will follow up the anomalous results from the initial drill program at the Bonzer Prospect (Bonzer), focusing on drill targets along strike to both the east and west of the initial drilling at Bonzer. In addition, drilling will be conducted on additional new drill targets identified during previous field work, including new targets identified by Sugden Geoscience based upon analysis of the Company’s soil, rock chip and drill results.
The initial drill program consisted of approximately 4500m. Based on the results from the initial drilling program and the analysis completed by Sugden Geoscience, the Company is expanding its drilling program with Phase 2 to aggressively explore further targets within areas that have heritage clearance, aiming for up to 9,000m in total new drilling.
The Company’s CEO, Jeremy Bower said
“We see the initial drill program at Bonzer as a first step towards success at Morrisey Hill. The initial results have provided us with the encouragement to double our drilling metres in Phase 2 of the drilling program. We are a data driven team and we will work through this process methodically, with rigour and technical discipline. The data we have from exploration at Morrisey to date supports our contention that the project holds the potential to host high grade lithium, just like the Delta discovery next door. The Future is within Reach.”
Click here for the full ASX Release
This article includes content from Reach Resources, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.
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