Premier1 Lithium confirms continuity of pegmatites at Abbots North
Melbourne, Victoria
|
March 12, 2024 01:30 PM Eastern Daylight Time
Premier1 Lithium Ltd (ASX:PLC) CEO Richard Taylor joins Jonathan Jackson in the Proactive studio to share results from the company's initial drilling at Abbotts North. The program confirmed the presence of pegmatites at greater depths, enriching the understanding of the lithium-caesium-tantalum (LCT) system within the project area.
Taylor emphasised that while this exploration was in its early stages, the geological narrative of Abbotts North was becoming clearer with each step. He noted that the analysis of reverse circulation samples will be pivotal in determining future drilling sites and assessing the region's lithium potential.
Premier1 Lithium is set to conduct further mapping and sampling at Buttamiah and across its broader tenement to establish precise drill targets, alongside preparing for necessary heritage clearance surveys. The company is well-funded for the next stage of drilling at Abbotts North, with plenty of newsflow to come over the coming months.
“In our first drilling program, we were able to confirm the continuity of the mapped pegmatites at depth and enhance our understanding of the LCT system," Taylor said. "Although still in the early stages, Abbotts North is gradually revealing its geological story.
"Further analysis of the RC samples will play a significant role in informing our next drilling targets and in evaluating the area's lithium potential."
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
