Arcadia Minerals

Further Drilling Indicates Potential To Grow Bitterwasser Lithium Resource

Arcadia Minerals Ltd (ASX:AM7, FRA:8OH) (Arcadia or the Company), the diversified exploration company targeting a suite of projects aimed at Tantalum, Lithium, Nickel, Copper and Gold in Namibia, is pleased to announce the commencement of further drilling at its Bitterwasser Lithium-in-Clay Project and to report that similar lithology to that of the Eden Pan, where a Lithium JORC resource has previously been defined2, has been intersected in the first drill hole at the Madube Pan.

HIGHLIGHTS

  • Drilling commenced over additional exposed clay pans at Bitterwasser, with the first hole at the Madube Pan (one of fourteen pans) intersecting similar lithology to the drilled Eden Lithium Pan
  • Current JORC Mineral Resource defined over the Eden Lithium Pan of 286,909t Li2CO3 (LCE)1
  • First auger hole at Madube Pan intersected lithological units similar to Eden Lithium Pan
  • Initial observations confirm that green clay units (which contained high lithium grades at Eden Lithium Pan) were intersected at Madube
  • From the first auger hole at the Madube Pan green clay units were observed to be 44% thicker than the widest intercept of similar lithology at the Eden Lithium Pan
  • Drilling to continue over the Madube Pan, as well as other pans until the end of November
Philip le Roux, the CEO of Arcadia stated: “It is very encouraging that, from observations of the core of our first auger hole at the Madube Pan, the lithology and thicknesses are comparable to those intersected at the Lithium enriched Eden Pan, where Arcadia has recently increased the Lithium-in-Clay resource over the Bitterwasser Pans district. Should analyses confirm Lithium mineralisation to a similar tenor than what we saw at the Eden Lithium Pan, we’d expect to see an increase of the current JORC resource over the Bitterwasser Lithium-in-Clay Project. Drilling at the Madube Pan will be followed up by further drilling at other known exposed, progress of which will be communicated regularly.”

Similar Lithology Intersected at Madube Pan to that of Eden Pan

The Company has continued its exploration activities on the clay deposits at the Bitterwasser Lithium Clay Project. Previously, drilling only took place over the Eden pan, which resulted in a JORC1 Mineral Resource being defined of 286,909-ton Lithium Carbonate wholly classified in the Inferred Category.


Click here for the full ASX Release

This article includes content from Arcadia Minerals, 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.

AM7:AU
The Conversation (0)
Arcadia Minerals

Arcadia Minerals

A Battery Metal Explorer Operating Within Resource-Rich Namibia

Arcadia Minerals

Drilling Completed At Karibib Copper-Gold Project

Arcadia Minerals Ltd (ASX:AM7, FRA:8OH) (Arcadia or the Company), the diversified exploration company targeting a suite of projects aimed at Tantalum, Lithium, Nickel, Copper and Gold in Namibia, is pleased to announce that its drilling contractor Hammerstein Mining and Drilling completed a 551m... Keep Reading...
Arcadia Minerals

Drilling Commenced At Karibib Copper-Gold Project

Arcadia Minerals Ltd (ASX:AM7, FRA:8OH) (Arcadia or the Company), the diversified exploration company targeting a suite of projects aimed at Tantalum, Lithium, Nickel, Copper and Gold in Namibia, is pleased to announce that it instructed Hammerstein Mining and Drilling to execute a 526m RC... Keep Reading...
Arcadia Minerals

Quarterly Activities Report – June Quarter 2022

Arcadia Minerals Limited (ASX:AM7, FRA:8OH) (Arcadia, AM7 or the Company), the diversified exploration company targeting a suite of battery metal projects aimed at Lithium, Tantalum, Nickel, Copper and Gold in Namibia, is pleased to provide its quarterly activities report for the period ending... Keep Reading...
Kum-Kum Nickel Project Mineral Systems Approach Results

Kum-Kum Nickel Project Mineral Systems Approach Results

Arcadia Minerals Ltd (ASX:AM7, FRA:8OH) (Arcadia or the Company), the diversified exploration company targeting a suite of projects aimed at Tantalum, Lithium, Nickel, Copper and Gold in Namibia, is pleased to announce that the Department of Earth Sciences at the University of Stellenbosch... Keep Reading...
Chairman Joins Prime Minister's India Trade Visit

Chairman on India Trade Mission with PM

Robin Brundle joins Prime Minister on first major trade mission to IndiaMr Brundle joins 125-strong delegation of leading business representatives, academic and cultural leaders, and government ministers on UK's largest ever trade mission to IndiaTechnology Minerals Plc (LSE: TM1), the first UK... Keep Reading...
Lithium-ion high-voltage battery component for electric vehicle or hybrid car.

Mining the Gap: 5 Forces Shaping North America’s Lithium Supply Chain

A convergence of industry investments, government initiatives and a shifting global trade dynamic is creating an environment ripe for the development of a North American battery supply chain, with lithium playing a leading role. These trends are reshaping the region’s industrial base and opening... Keep Reading...
Map of Saskatchewan with a red pin marking a location.

Saskatchewan Implements New 3 Percent Lithium Royalty, Provides Clarity to Companies

Saskatchewan has introduced a new royalty framework for lithium production, marking a major step toward supporting the province’s growing role in Canada’s critical minerals sector. The amendments to 2017 subsurface mineral royalty regulations formally establish a 3 percent Crown royalty on the... Keep Reading...
Aerial view of a mine site with terraced pits surrounded by forest.

From Rock to Road: Investing in Ontario’s Looming EV Boom

The momentum around the global energy transition has underscored the critical importance of establishing secure, ethical and efficient critical mineral supply chains, leading to renewed interest in jurisdictions with the right resources but without the geopolitical baggage. And Ontario, Canada... Keep Reading...
UPS Batteries For Explosive (EX & ATEX) Environments

UPS Batteries For Explosive (EX & ATEX) Environments

Altech Batteries (ATC:AU) has announced UPS Batteries For Explosive (EX & ATEX) EnvironmentsDownload the PDF here. Keep Reading...
Blue battery with a US flag decal on a wooden surface.

Lithium Americas and GM Advance Thacker Pass with Landmark Federal Funding

Developer Lithium Americas (TSX:LAC,NYSE:LAC) has reached an agreement with General Motors (NYSE:GM) and the US Department of Energy (DOE) to unlock the first US$435 million installment of a landmark federal loan for its Thacker Pass lithium project in Nevada.The company confirmed on Wednesday... Keep Reading...

Latest Press Releases

Related News